SolaREIT Expands Financing to Substation and Transmission Land for Clean Energy Developers

Overview

• The company launched a nationwide offering that covers land for substations, switchyards, and transmission corridors required to connect projects to the grid.
• Developers can access separate financing for associated real estate through land purchases, lease purchases, or land loans.
• SolaREIT frames the move as tapping a largely overlooked collateral source to help projects secure interconnection and deliver power.
• CEO Laura Pagliarulo cites company figures showing clean‑energy lending growth slowing to 5.8% year over year from 22%, highlighting tighter financing conditions.
• SolaREIT reports financing more than 3 GW of projects valued at over $5 billion and notes an $80 million revolving credit facility expanded in January, alongside prior deployment of over $125 million to U.S. battery storage supporting about 1,400 MWac.