Being able to raise more debt with a lower debt service coverage ratio means more breathing room for asset owners to hit their required returns during the term of a PPA, rather than being overly reliant on post-contract revenue stream. The Solar Revenue Put will be an important financial innovation to continue lowering the cost of capital for utility-scale solar projects as power purchase agreement prices continue to decline.
Contact Sarah Matsui, Senior Communications Manager: firstname.lastname@example.org
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