Welcome!

News Feed Item

Centrosolar America Launches Solar Operating Lease Program

Company Partners With LFC Capital to Offer a Low-Cost Operating Lease for Commercial Projects

SCOTTSDALE, AZ -- (Marketwired) -- 05/13/14 -- Centrosolar America, in collaboration with LFC Capital, Inc. is pleased to announce that a special low-cost solar operating lease is now available for businesses in all of the 50 states. The lease is particularly appealing to businesses that desire solar, but cannot directly benefit from the federal energy investment tax credit (ITC). The product, featuring attractive purchase options as well as tax efficiency, is designed to make businesses' acquisition of solar affordable.

LFC Capital will provide solar leases directly to qualified businesses for solar PV and thermal systems in amounts ranging from $100,000 to $5,000,000. These solar leases are available nationwide through Centrosolar America's network of more than 725 solar installers in 43 states.

"The Centrosolar America and LFC Capital's solar lease is an innovative offering because customers benefit to a greater extent than from other solar leases typically found in the marketplace. For instance, utility rebates and government incentive payments can be paid to the customer or contractor for the benefit of the customer, solar renewable energy certificates (SRECs) are for the customer, and the monetized value of ITC and depreciation is shared with the customer in the form of lower lease payments," according to Ram Akella, Managing Director Centrosolar America Inc.

"I am delighted that our traditional operating lease, which we have been providing for more than 20 years to hospitals acquiring expensive medical equipment, is now available to businesses acquiring cost-saving solar systems," said Martin E. Zimmerman, Founder and CEO of LFC Capital, Inc.

Stanley Fishbein, Managing Director of LFC Capital, Inc. and board member of the New York Solar Energy Society added, "Centrosolar America is on the cutting edge of making it easy and cost-effective for businesses to 'go solar.' We share Centrosolar America's client focus, and are pleased that our collaboration will help their clients take advantage of renewable energy initiatives."

About Centrosolar America

Established in 2008, Centrosolar America Inc. is a virtual manufacturer and specialty solar photovoltaic distribution company with headquarters in Scottsdale, AZ. The company serves as a platform of products and services that enables its installer customers to grow their business. It differentiates itself by providing a full range of turnkey products and services for its installer partners. It offers technical and sales support, pre-packaged and fully integrated solar systems, warehousing and distribution, on-line portals as well as financial products. The company's national customer network at present has grown to include more than 725 installers in 43 states, representing coverage in 83% of the US market.

About LFC Capital

Established in 1994, LFC Capital, Inc., specializes in financing for the healthcare industry, providing leasing and term loans to hospitals, clinics, physician groups, long-term care facilities and healthcare servicers and suppliers.

The principals of LFC have completed more than $1.5 billion in financing for essential equipment and strategic growth initiatives, structured to provide maximum value at minimum cost.

Kristine Weaver
480-348-2555

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
While presenting own advanced Robo-Advisory Platform, Michał Różański, Managing Partner at EARP and CEO at Empirica, will illustrate the most important issues of building tailored FinTech software in his session at 20th Cloud Expo. He will share experiences we have gained for over 6 years of developing solutions for financial institutions and FinTech companies, including robo-advisors. We welcome all FinTech innovators interested in how properly implemented technology can move their businesses f...
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo Silicon Valley Call for Papers is now open.
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
SYS-CON Events announced today that Outscale will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outscale's technology makes an automated and adaptable Cloud available to businesses, supporting them in the most complex IT projects while controlling their operational aspects. You boost your IT infrastructure's reactivity, with request responses that only take a few seconds.
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
SYS-CON Events announced today that DivvyCloud will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating security, compliance and cost optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate common cloud problems in rea...
SYS-CON Events announced today that Tintri, Inc, a leading provider of enterprise cloud infrastructure, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Tintri offers an enterprise cloud platform built with public cloud-like web services and RESTful APIs. Organizations use Tintri all-flash storage with scale-out and automation as a foundation for their own clouds – to build agile development environments...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...