Under the financing programme, Key Equipment Finance will offer capital leases and loans to qualified commercial customers and municipal leases to government entities for the construction of SunPower solar power systems.
SunPower and local installers in SunPower’s dealer network will design and build the systems. The financing is available for qualified customers in the US, for projects ranging from 50kW to 1MW.
Adam Warner, president of Key Equipment Finance, said: “SunPower is without a doubt an experienced, innovative technology leader developing solar solutions for customers worldwide. The company is focused on maximizing return on investment and making it easier for companies of all types and sizes to acquire solar technology, as evidenced by this partnership. Together with SunPower, we designed this equipment finance program with the customers’ budget in mind.”
Mac Irvin, managing director of SunPower’s structured finance group, said: “Key Equipment Finance has extensive experience implementing financing options to meet the needs of small- to mid-sized customers. We are pleased to leverage their experience to streamline the implementation of clean, renewable solar power for commercial and public customers throughout the US, and are confident this program offers SunPower customers and dealers attractive terms and rates.”
