SAN FRANCISCO, Aug. 5, 2014 /PRNewswire/ — ET Solar Energy Corp. (“ET Solar”), a leading smart energy solutions provider, today announces the establishment of its U.S.-based subsidiary ET Capital Inc. (“ET Capital”), a company engaged in providing turnkey solar energy financing solutions worldwide.
ET Capital delivers a broad range of financing solutions for corporations, institutions, utilities, municipalities & non-profits. In partnership with senior financial organizations, ET Capital, is led by a core team of known and well respected thought leaders with many years of experience in the renewable & financial sectors. ET Capital is well equipped to expand its extensive expertise in financing and building solar infrastructure with reliable and bankable solutions. Moreover, in filling the industry’s funding gap, ET Capital invests in stable and diversified projects.
“The ability to provide an end-to-end financing platform solidifies ET Capital as a viable strategic partner for developers, investors and power purchasers that allows for an increase in solar transactions with lower closing costs. This financing platform will set the stage for multilateral partnerships and allow for high-efficiency business growth.” Mr. Dennis She, President and CEO of ET Solar said, “The core focus of the platform will be for those types of portfolios above 5 MW in size with power purchase agreements. We look forward to providing best in class services and solutions to the solar market and helping to evolve the industry, while creating a sustainable future.”
About ET Solar
ET Solar is a leading smart energy solutions provider. With innovative solar technologies and tailored finance solutions, ET Solar provides professional one-stop solutions throughout the entire solar power plant lifecycle that includes development, financing, engineering, procurement, construction, and operations and maintenance. To learn more about ET Solar and ET Capital, please visit http://www.etsolar.com and http://www.etcapital.us.