MMA Energy Capital Reaches Over $200 Million of Originations in Texas
MMA Capital Mgmt, LLC (MMAC)
US:NASDAQ Investor Relations:
mmacapitalmanagement.com
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Source: PR Newswire
PARK CITY, Utah, Dec. 18, 2018 /PRNewswire/ -- MMA Energy Capital, a manager of capital to the renewable energy industry, today announced that it has reached over $200 million in originations of renewable energy investments in the state of Texas."Texas has been an important market for us since the beginning — a few of our key customer relationships are in Texas. Our business with these customers continues to grow, and we have also expanded our network and developed new customer relationships in the state this year," said Bob Hopper, Managing Director. "We expect that Texas will remain an important region for our business going forward.""Working in this market is challenging at times but never boring," said Mr. Hopper. "We see deals with various structures of offtake agreements, from utility PPAs to 3rd-party retail energy provider ISDAs; we see deals with both tax equity investment and USDA-guaranteed perm debt; and deals from under 10 MWdc to over 100 MWdc in system size. Today's mil
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