Episode 546

546: Can THIS Put More Money In Solar Developers' Pockets? Jim Spano|Sol-REIT, and guest host, Tim Montague!

Published on: 2nd December, 2022

Solar industry leader and returning guest, Jim Spano, helped develop the solar market in the mid-Atlantic region — and now he's bringing a new innovative product to market. New York City-based Sol-REIT is a unique solar financing platform that aims to give developers a new option and keep more of the project for themselves while also providing much-needed scaleable financing to the middle market.

It's the first investment product to bring the novel model of real estate investment trusts (REITs) to the solar energy market. By financing solar in the same way as real estate, Sol-REIT can offer long-term, fixed-rate, lower-cost debt that matches the operational life of assets. 

Jim, the co-founder and head of originations at Sol-REIT, wants to "break the solar industry free of the binds of niche financing."

On today's podcast, Tim Montague, fellow podcaster and also a developer himself, joins the show as a stand-in host and chat w/Jim about his latest venture.

The conversation was part of the RE+ PowerUp Media Zone, a live production of SunCast Media.

If you want to connect with today's guest, you’ll find links to his contact info in the show notes on the blog at https://mysuncast.com/suncast-episodes/.

SunCast is presented by Sungrow, the world’s most bankable inverter brand.

SunCast is also supported by PVcase & Trina.

You can learn more about all the sponsors who help make this show free for you at www.mysuncast.com/sponsors.

Remember, you can always find resources, learn more about today’s guest and explore recommendations, book links, and more than 650 other founder stories and startup advice at www.mysuncast.com.

You can connect with me, Nico Johnson, on:

Twitter - https://www.twitter.com/nicomeo

LinkedIn - https://www.linkedin.com/in/nickalus

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About the Podcast

SunCast is dedicated to providing the knowledge, research, tools and expert guidance you need to understand, grown and be ahead of the curve in the fastest growing solar markets in the world. Each week, host Nico Johnson takes you deep into conversations with solar energy industry executives from leading companies like SolarCity, SunEdison, Nextracker, Trina Solar, Conergy, Greentech Media and discovers what THEY are using to get ahead in emerging markets like Mexico, Chile, Brazil, Panama, Colombia and elsewhere in Latin America and the Caribbean. Tune in, and stay informed.