FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


Fairfield Capital Adds Renewable Energy Client

September 14, 2015, 06:45 AM
Filed Under: Energy

Fairfield Capital announced that it has entered into an agreement with a major manufacturer of green energy equipment to act as its exclusive advisor and placement agent with respect to arranging upwards of $165 million in equipment lease financing between now and  year end 2016.

“Working within a very aggressive timetable, we have been able to successfully arrange lease commitments of approximately $45 million and expect to close about $14 million in transactions in the month of September” said Dana Pasternak, Managing Director and Founder of Fairfield Capital.  “This engagement has been a challenge as the market for leases of big-ticket, green energy equipment is relatively thin due to the large 30% Federal energy investment credit applicable to investments in this type of equipment.  We have committed significant resources to this assignment to make sure that we could identify every viable source of financing for our client and are highly confident that we will by year end secure all the commitments we need to fully fund their customer financing requirements through year end 2016.”

Fairfield Capital Group, LLC, which was founded in 2004, provides capital markets solutions for the equipment finance and leasing industry.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.