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0 0 0.00203283815480837 -0.00031274433150904 -0.0014073494917904 -0.00250195465207188 0.00344018764659889 0.00093823299452701
Stock impact report

Agilitas Energy Buoys National Expansion Efforts with Strategic Financing from 1st Source Bank [Yahoo! Finance]

1st Source Corporation (SRCE) 
Last 1st source corporation earnings: 4/23 09:20 am Check Earnings Report
US:NASDAQ Investor Relations: firstsource.com/investors
Company Research Source: Yahoo! Finance
developer, builder, owner and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern U.S., secured financing from 1st Source Bank for national expansion efforts and delivery of reliable and cost-effective renewable energy across the country. As longstanding financial partners, 1st Source Bank was able to support Agilitas Energy with an agreement that met their needs. The tailor-made solution includes a financing package that consists of both construction loan and tax equity financing. This will help Agilitas Energy connect renewable energy storage projects in Bristol, Vermont, and Patchogue, New York, to the grid. These projects – the first already operational and the latter expected to go live in 2025 – will balance intermittent generation assets like solar and wind and bring reliability to the system. Meanwhile, the revolving credit facility will finance Agilitas Energy's equipment acquisition costs and interconnection deposits for develop Show less Read more
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