Under this partnership, the New Resource will provide a line of credit and other banking services to support Enfinity’s construction of solar photovoltaic (PV) installations.
Enfinity will develop the installations through a wide range of financing mechanisms, including power purchase agreements (PPAs).
Enfinity will use its New Resource credit line in distributed generation (DG) projects, in which the host company will purchase the energy from the PV installation and uses it directly at the project site.
