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SolaREIT Expands Team to Fuel Growth in Solar and Storage Financing

SolaREIT™, a notable player in the realm of real estate investments for solar and storage, is on an expansion streak. The company has recently announced the addition of three new professionals to its business development and legal teams. This strategic move is in response to the soaring demand for capital solutions concentrated on land acquisition within the clean energy sector. SolaREIT has made significant strides, surpassing financing of solar and storage projects valued at over $3 billion—an impressive milestone that underscores its growth trajectory.

Laura Pagliarulo, the CEO of SolaREIT, emphasizes the importance of their team in differentiating the company from its competitors: "Our team is what sets us apart in the industry. We are dedicated to assembling the right talent in order to provide clean energy developers with the capital solutions they require to grow efficiently." This dedication is evident in the backgrounds of the new hires, who bring a wealth of experience and expertise to the company.

New Additions to SolaREIT's Team

• - Erica Reidy has been appointed as Vice President of Business Development. With an extensive background in renewable energy project finance, development, and acquisitions, Erica previously served as the Director of Investments at Leyline Renewable Capital. Her academic foundation includes an MBA from the prestigious MIT Sloan School of Management. Erica’s leadership is anticipated to enhance business development efforts nationally.

• - Natalie Clark steps into the role of Paralegal, bringing rich legal experience from both major law firms and the renewable energy sector. She has been instrumental in legal operations at companies such as Lunar Energy and has extensive experience supporting portfolio financing at Clearway Energy Group.

• - Peter Wyatt is taking on the role of Sales and Business Development Manager. A recent graduate from the University of Massachusetts Amherst, where he earned a degree in Business Administration from the Isenberg School of Management, Peter previously interned with SolaREIT, making him well-acquainted with the company’s objectives and culture.

SolaREIT’s business model partners with both solar and storage developers, facilitating flexible capital solutions tailored specifically for land transactions. These include various structures such as land purchases, lease agreements, and land loans, greatly benefiting clean energy initiatives.

Founded in 2020, SolaREIT operates out of Virginia and focuses on delivering innovative financing solutions that are pivotal for the advancement of solar and battery energy storage developers. Moreover, the company prides itself on being a minority and women-owned business, reinforcing its commitment to diversity within the clean energy landscape.

In a marketplace increasingly oriented towards sustainability, SolaREIT's growth story is one of ambition and groundwork laid by a passionate team dedicated to the renewable energy sector. As they continue to expand, the company reaffirms its belief in the vital role that solar and battery energy storage land financing plays in bolstering the clean energy economy.

For more detailed information about SolaREIT, visit their official website at www.solareit.com.