Solar + Upgrades Powered For Non-Profits
Luminia’s mission is to provide solar financing solutions that help non-profit commercial property owners increase the value of their property, improve NOI, and reduce operating expenses. Only a small fraction of US non-profits have rated credit and, as a result, most property owners cannot benefit from installer solar on their commercial property. The Luminia's team is offering two specialty financing solutions made to work for non-profit organizations.
The Clean Energy PPA offered by Luminia removes the headache of PV system ownership for non-profit commercial solar customers by taking on the responsibility of design, finance, maintenance, and operation of the system. These customized solutions offered by Luminia support non-profit customers seeking to preserve working capital, without tax appetites, or those who don't want to own and operate their solar system.
The Luminia C-PACE financing product targets typically underserved commercial project types including those on office, industrial, multifamily, retail, hospitality, non-profit, agricultural, and select special purpose buildings.
Click below to download the PDF
Key benefits to Clean Energy C-PACE financing include:
- Save 20%+ on electricity costs
- No money down and no payments until 6+ months of energy savings are realized
- No business or personal guarantees
- Rates are not tied to business financials (nearly all properties will qualify)
- Preserve working capital and avoid collateralizing company resources
- Improve NOI which in turn increases property values
Key benefits to the Clean Energy PPA include:
- $0 upfront costs which can include solar, roofing, HVAC, battery storage, water efficiency, and more upgrades to the commercial property
- Immediate and long-term electricity savings
- 25-year production guarantee up to 85% with annual true-ups
- Easily transferable system
- Qualification for non-investment grade (Non-IG) properties, as small as 200kW
- Offered in C-PACE states only
Learn more about Luminia C-PACE and PPA solutions for non-profits
To start the conversation about a Clean Energy PPA or Clean Energy C-PACE for non-profit organizations with a Cornerstone Commercial Finance team member, simply fill out the form here.