Enfinity intends to develop the solar photovoltaic (PV) installations through a wide range of financing mechanisms, including power purchase agreements.
New Resource will provide a line of credit and other banking services to support Enfinity’s construction of solar installations.
Enfinity will use its New Resource credit line in distributed generation projects, in which the host company purchases the energy from the PV installation and uses it directly at the project site.
Enfinity finances, develops and builds solar PV projects and also owns its own portfolio of renewable energy installations.