Leading energy supply and services company uses the CPF market to further invest in distributed solar.
Clean Power Finance (CPF) and Integrys Energy Services, Inc., a subsidiary of Integrys Energy Group, Inc. (NYSE: TEG), a leading Midwestern utility holding company, today announced the creation of a residential solar finance fund through the CPF Market®, an online platform that empowers electric power companies to invest in residential solar. The fund enables Integrys Energy Services’ investment in the residential distributed generation (DG) solar sector.
“CPF’s business model and industry expertise make us the natural partner for innovative power companies that want to develop attractive new assets,” said Nat Kreamer, CEO of Clean Power Finance. “CPF is currently the only residential solar finance company that allows a retail energy company such as Integrys Energy Services to set the parameters of its fund, promote its brand to consumers and own 100 percent of the asset. We look forward to helping Integrys Energy Services deploy its capital in residential DG solar systems that support strategic goals such as customer load retention. — Full Story at Green Building Elements —