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SunLight General Closes On Portfolio of Solar Assets in Ohio


June 3, 2020 - Ohio


SunLight General Capital, a New York City based solar finance and development company, is pleased to announce the purchase of a 256 kW solar system located in Ohio. The solar arrays are located on the roofs of three major public buildings: Cleveland Clinic Foundation (101 kW), Euclid Public Library (79 kW) and City of Euclid Town Hall (76 kW). The projects were initially developed by Evergreen Energy Solutions between 2009 and 2011.


Together, these solar arrays reduce carbon emissions by more than 500,000 pounds annually. Another metric, according to the Environmental Protection Agency, is that the creation of these solar projects was equivalent to preserving 275 acres of U.S. forests. SunLight General Capital is proud to support and care for these renewable energy projects: they not only make public facilities greener, but they make economic sense for the institutions as well.


About SunLight General Capital SunLight General Capital develops, finances, owns and operates solar energy projects The team has worked together since 2009 and has developed over 150 sites in an aggregate amount over 45 MW. Clients are able to secure renewable energy sourced on their own roofs, grounds, or parking lots. The company is able to lock in long-term electricity prices for clients, protecting them against rising energy costs and assisting with long-term financial planning. SunLight General Capital is actively purchasing already-constructed, operational solar arrays. The company focuses on smaller size solar projects within the Commercial & Industrial (C&I) sector.


About Our Partners Cleveland Clinic is nationally recognized as one of the top medical centers in the US and the world, particularly in technological and management systems and in the treatment of cardiovascular disease. The Euclid Public Library has proudly served its town for more than 80 years, offering a wide array of literacy and education programs. The Town Hall is the seat of local government, which manages countless programs and efforts on behalf of local citizens. The Evergreen Energy Solutions was launched in 2008 by a working group of Cleveland-based institutions (including the Cleveland Foundation, the Cleveland Clinic, University Hospitals, Case Western Reserve University, and the municipal government). Its objective is to create living-wage jobs in the neighborhoods it services, and to support programs and investments that benefit local residents and the planet.