Sunwealth finances and structures community-based solar projects, seeking to change who has access to renewable energy by changing the way it is invested in. The firm supports commercial solar projects ranging from 5 kilowatts to 1 megawatt and partners with local solar developers and installers to design and construct rooftop and parking‑lot systems. Sunwealth uses community shared solar agreements to deliver long-term energy savings to building owners and to low- and moderate-income households. Since 2014 the company has invested over $50 million in 400+ community-based solar projects nationwide and has delivered targeted returns to investors for 25 quarters with no defaults. Sunwealth is deploying recent financing to support projects that will power over 300 homes annually and provide $3.8 million in lifetime energy savings. The firm aims to catalyze additional investment and build diversified portfolios that deliver social, environmental and financial returns. Sunwealth provides capital and structured financing for smaller-scale commercial solar projects, typically ranging from 5 to 750 kilowatts, that are underserved by institutional lenders. The firm connects community-based solar installations with investors to generate energy savings, reduce carbon emissions, and create local solar jobs. Sunwealth focuses on projects for small businesses, nonprofits and residential buildings in communities that lack traditional renewable energy financing. Recent financing announced supports rooftop installations that will produce over 2.5 megawatts of capacity and generate lifetime energy savings of more than $4 million for power purchasers. The company highlights projects such as a 59 kW rooftop system at the Bornstein and Pearl Food Production Center, expected to save close to $100,000 over its lifetime. Sunwealth intends to use capital to catalyze additional investment in its inclusive solar financing model and expand renewable energy access across underserved communities.

Total raised

$13M

Funding rounds

4

Latest round

Debt Financing

Latest activity

May 2021