Charles D. Carey, Managing Partner at CIG Capital, Speaks on the Funding the Entire Capital Stack in Forbes
Solar has become more than a need to decline global climate battles. It’s now a necessity for the capital markets as a proving asset. It has become:
- Reliable. Fitch Rating Agency reported in 2020 the solar as reliable and has ‘over performed’ compared to original projects. Solar has become the number one renewable resource.
- Low Cost. Solar has seen one of the most drastic changes in the last 10 years. For development and technology to fall 70% shows a sustainable and stable model.
- New Asset Class. With real estate being the cornerstone of our economy’s infrastructure. It’s crucial to add reliable, stable and diverse new asset classes. Solar has become a new asset class and allowing for new investments
Charles Carey, the Co-Founder of CIG Companies (Carey International Group) discusses the the ‘new capital stack’ for solar development.