Seminole Financial Services advised that so far this year it has already financed more renewable installations than it did in the full 2011 year. The company recently closed financing on three renewable energy projects, all in California, this past week, including a solar ground-mounted project at a waste water reclamation plant. Together the one solar and two wind projects represent 7MW of renewable power.
So far this year Seminole has provided financing for 32 projects, which total 67MW of solar and wind installations. The company mainly focuses on projects between US$2 million and US$30 million and has provided projects for Walmart, BJ’s Wholesale Club, Safeway and Anheuser-Busch.