Ivy Energy Partners with Sunwest Bank to Deliver $150,000,000 of Solar Financing for Multifamily Real Estate Owners

Ivy Energy Inc. and Sunwest Bank have partnered to bring the benefits of solar energy to multifamily real estate owners and their residents. Historically solar financing options have been nonexistent for multi-family owners. This has caused several owners to avoid investing in solar for their properties altogether. In an effort to solve this problem, Sunwest has partnered with Ivy Energy to provide de-risked solar financing and a custom-tailored solar billing solution for multi-unit real estate owners and their residents. Sunwest Bank is a full-service renewable energy financier for commercial buildings across the U.S. and is committed to delivering $150,000,000 in solar financing solutions for multifamily real estate owners. The partnership helps multifamily owners maximize their return on investment while also minimizing their carbon footprint. Successfully landing a partnership with a credible financing solution further validates the use case for Ivy’s solar billing software, Virtual Grid.