1. Home
  2. Americas
  3. Solar Farm Investment Tax Credit Extension Attracts New Investors for Higher Returns
Solar Farm Investment Tax Credit Extension Attracts New Investors for Higher Returns

Solar Farm Investment Tax Credit Extension Attracts New Investors for Higher Returns

25
0

Innovative Solar Systems, LLC (ISS), has consolidated its position as one of the most trusted developers of utility-scale solar in the country, using only tried and tested Tier 1 technology in all its developments. With over 1.8GW of projects in its pipeline, ISS plans to expand to over 6GW in the next 24-36 months. The recent 30% ITC extension has attracted several investment groups that have reached out seeking investment opportunities with ISS.

“Nobody expected the ITC extension to be voted so soon, so this has somewhat caught the industry off-guard, and ISS is receiving numerous calls on a daily basis regarding investment opportunities,” says CEO John Green. Investors seeking to invest as little as $5Million or as much as $50Million in ISS early stage projects could realize returns in the 30-50% range states the company’s spokesperson. Larger investor/partners are welcome to place anywhere from $100Mill to $5Billion to fully fund construction of the ISS projects for equally attractive returns.

ISS is one of the few, if any, solar farm companies in the U.S. that bet in a continuation of the solar industry post ITC, so no other company has the magnitude of projects that ISS has in the pipeline. “We knew that the solar industry had too much momentum to just collapse post ITC, so we have continued expanding heavily in the past several months,” says John Green, “now we have a fantastic pool of projects to develop in the next several years.”

ISS has had an extensive track record in states like North Carolina where the company currently has several large solar farms under construction which include (1) 75MW-AC project, (2) 80MW-AC projects, several 50 MW-AC, 35MW-AC and many 2MW-AC and 5MW-AC deals in N.C. Investors that partner with ISS would not only recognize exceptional returns, they would also be granted first rights to buy projects from the ISS pipeline, an added bonus states ISS CEO.

Anand Gupta Editor - EQ Int'l Media Network

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *