Auburn, California [RenewableEnergyAccess.com] Pacific Power Management (PPM) announced the close of a $250 million funding agreement with a major Wall Street firm. According to PPM, the agreement will give the company the ability to service large commercial clients will enable the company to broaden their portfolio.
Currently PPM has over 9.7 megawatts of PPA’s in process and is developing additional projects that total over 25 megawatts in the commercial marketplace.“This is a milestone in our organization, as well as a milestone for our potential clients. We are now able to install larger systems with a greater ease of financing thanks to a great affiliation with a premier Wall Street firm. Everyone will benefit, including the environment,” said Mark Frederick, Managing General Partner of Pacific Power Management.