Agency Buys PPA with help from TerraVerde

TerraVerde recently supported one of their clients in buying out their solar PPA. This client, a Water Agency served by Southern California Edison (SCE) negotiated a buyout by leveraging available capital, monetizing renewable energy certificates and increasing energy production by re-powering the system. The agency Increased their utility bill savings, made revenue from energy certificates and will have a net financial outcome of 7.9% IRR.