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LFC Capital, Mechatron Announce $5MM Solar Program

September 10, 2014, 07:00 AM
Filed Under: Energy

Mechatron Solar has obtained an allocation of $5 million for qualifying businesses desiring solar investment through LFC Capital's Solar Ownership Program Funds. This Mechatron Solar/LFC Capital collaboration represents the latest round of a multi-stage rollout of LFC program funds.

LFC Capital created the LFC Solar Ownership Program to be the low-cost way for companies to purchase solar systems. According to Stanley S. Fishbein JD, LLM (Tax), Managing Director at LFC Capital, the program uses a traditional operating lease as the vehicle to share the monetized value of tax benefits with companies, thereby creating an affordable path to ownership. Companies obtain more value from the LFC program than for solar lease offerings typically found in the marketplace because all utility rebates and government incentive payments as well as renewable energy certificates, are for the customer.


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