Greenskies Clean Focus and Seminole Financial Services Celebrate 14 Years of Partnership to Accelerate Renewable Energy

Photos of three Greenskies and Seminole solar projects, from left to right: 18.68 MW of Utility-Scale Solar in Waterford, CT; 2.2 MW of Commercial Rooftop Solar in Gainesville, FL; 22.16 MW of Ground Mount Solar across Cape Cod and Martha's Vineyard, MA.

North Haven, CT & Belleair Bluffs, FL (March 28, 2024) – Greenskies Clean Focus (Greenskies), a national leader in renewable energy solutions, and Seminole Financial Services (Seminole), a leading financial services firm that specializes in providing debt capital for renewable energy projects, are delighted to celebrate fourteen years of partnership.

This landmark underscores the enduring commitment of both organizations to drive the growth of renewable energy infrastructure and contribute to a more sustainable future. While other solar developers and renewables lenders have come and gone, Greenskies and Seminole have consistently delivered exceptional results.

Over the years, Greenskies and Seminole have collaborated on several milestone projects, including:

2.2 MW of Commercial Rooftop Solar in Gainesville, FL
In 2010, Clean Focus deployed 2.2 MW of PV solar systems at six sites in Gainesville, FL – most notably 1.58 MW on top of Butler Plaza, the largest retail center in the Southeast. The combined system was the largest project to date under the Gainesville Regional Utility (GRU) feed-in tariff program. Seminole funded a $6.8 million construction loan.

22.16 MW of Ground Mount Solar across Cape Cod and Martha's Vineyard, MA
Three years later, in 2014, Clean Focus and Seminole worked together again on a 22.16 MW portfolio of ground-mounted solar for the Cape and Vineyard Electric Cooperative (CVEC). Clean Focus installed nine systems, seven at closed/capped "brownfield" landfills, throughout Cape Cod and Martha's Vineyard, Massachusetts, ranging in size from 587 kW to 5.91 MW. Seminole provided over $59 million in construction lending with another $29 million in permanent debt financing for these projects.

18.68 MW of Utility-Scale Solar in Waterford, CT
Greenskies and Seminole's most recent collaboration was last year on an 18.68 MW utility-scale project for Connecticut's Department of Energy and Environmental Protection (DEEP). Seminole provided $41.7 million of Construction debt for the project.

“The longevity of our partnership with Seminole Financial Services is exceptional. Founded in the same year, 2009, we quickly forged a partnership that endures today,” said Stanley Chin, President and CEO of Greenskies Clean Focus. “The collaborative nature of our work has made Seminole an invaluable partner. Greenskies proudly maintains ownership and operation of all our joint projects. We look forward to continuing our partnership to achieve even greater success.”

Seminole has established its reputation in the Renewable Energy industry by prioritizing relationships with developers across the country that are in need of consistent and flexible capital.

“Our long-standing collaboration with Greenskies Clean Focus has only served to strengthen Seminole’s standing in the market,” said Chris Diaz, co-CEO of Seminole. “We feel fortunate to work with the exceptional talent at Greenskies Clean Focus to further our collective impact in the Renewable Energy sector and the community as a whole.”

Greenskies and Seminole remain committed to their strategic partnership and look forward to continuing their work together to accelerate the adoption of renewable energy and create a more sustainable future for all.

About Greenskies Clean Focus
Greenskies Clean Focus offers a full suite of decarbonization solutions, including onsite and offsite solar, battery storage, microgrids, and CCHP. Our vertical integration delivers the most cost-competitive solutions for commercial, public sector, and utility energy users throughout the US. From beginning to end, our customers work with a single delivery team. Greenskies originates, develops, constructs, and operates, while Clean Focus finances and owns the systems. Since our founding in 2009, we have developed and constructed over 315 MW of renewable energy facilities across 600 sites in 19 states. Solar Power World ranks Greenskies Clean Focus as the number one commercial solar developer in the Northeast and top three in the US, based on cumulative kW installed.

For more information about Greenskies Clean Focus and its decarbonization solutions, please visit www.greenskies.com.

About Seminole Financial Services
Seminole Financial Services (“Seminole”), a leading financial services firm that specializes in providing debt capital for renewable energy projects. Since 2009, Seminole has facilitated the financing of over $2.4 billion in construction and permanent debt for more than 1 gigawatt of solar and wind projects nationwide. Seminole Financial Services, LLC is the operating entity for the six companies that collectively make up The Seminole Companies.

For more information about Seminole Financial Services and its services, please visit www.seminolefs.com.

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