Commercial Data Centers
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Project Details
Construction-to-Permanent Financing with Donato Solar, LLC for Five 2MW Solar Developments in Illinois
The projects total 14.09MW DC and allow the data-centers to operate efficiently. The solar fields overproduce during the day, benefiting the utility (Ameren)and the grid. In addition to the financing from SunRocket Capital,each project will receive Solar Renewable Energy Credits (SREC’s) which are awarded through the Illinois Power Authority’s (IPA) Adjustable Block Program also known as Illinois Shines and are based on 15 years of future power generation. The SRECs serve to improve overall project economics.
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Developer Commentary: Anthony Donato, Donato Solar
Anthony Donato, CEO of Donato Solar LLC & GAIL Technology, Inc., remarked on the structured financing partnership with SunRocket Capital stating, “The team at SunRocket Capital has proven to be an exceptional financial partner. They operate with speed and efficiency and are very knowledgeable regarding solar development, a unique and important component of helping expedite financing.”
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