SunRocket Capital Closes Financing for a 1.93 MW Community Solar Project in Northeast

MIAMI, April 14, 2025 (GLOBE NEWSWIRE) -- SunRocket Capital, a structured finance partner to solar developers, is pleased to announce the closing of financing for a ground-mount community solar installation in ME with Novel Energy Solutions. The 1.93 MW (DC) project is in development and has qualified for Renewable Energy Credits (REC's) and is the fifth Novel Energy Solutions project that SunRocket Capital has funded within the last several months.

"SunRocket Capital was able to tailor and coordinate the debt financing to the needs of the project," stated Matt Sullivan, VP of Finance at Novel Energy Solutions. "They understood that sometimes development needs may change, especially with an evolving community solar pipeline. The ability to be adaptable with and responsive to our portfolio needs remains ...