Municipal Bond: PPA Model Continues to Provide Low-cost Solar Energy

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The municipal bond–power purchase agreement (PPA) model might not have just rolled off the lot, but it still has that new car smell. A former NREL colleague first looked into this unique third-party ownership–public debt hybrid financing model last year. Here, I discuss recent applications and provide new insights based on a conversation with James Mann, co-founder and general counsel of Sunlight General Capital.

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