Longer-term financing is key to selling pricey residential solar installations to homeowners. Privately-held financing firm Sunlight Financial is offering a new initiative to Spanish-speaking potential solar buyers complete with loan documents in Spanish to finance solar installations. On its ‘Orange' technology platform, Sunlight Financial is partnering with greater than 15,000 solar contractors to offer easier-pay financed solar system installations. Solar Integrated Roofing Corp. SIRC is transitioning to a national roofing, solar and renewal energy provider profile by closing on the acquisition of five-state roofing and solar systems provider Cornerstone Construction, based in South Carolina. Cornerstone currently operates in South Carolina, North Carolina, Arkansas, Oklahoma and Alabama. Southern California-based SIRC also recently closed on its purchase of multi-state solar company Enerev LLC.
stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. SIRC, Sunrun, Inc. RUN, Blink Charging Co. BLNK, Tesla, Inc. TSLA, GM GM, SolarEdge Technologies, Inc. SEDG, First Solar, Inc. FSLR, SunPower SPWR, Gibraltar Industries, Inc. ROCK, Spartan Acquisition Corp. II SPRQ. and Canadian Solar Inc. CSIQ. Solar installations — roofing, rechargeable solar Tesla TSLA storage units — are a core part of the clean energy strategy of Solar Integrated Roofing Corp. SIRC. In an acquisition spree, SIRC has entered into the San Diego, California new home roofing and solar market, Dedicated EV Charging Station residential and commercial market as well as acquiring firms such as Cornerstone Construction and Enerev LLC. It has signed a binding LOI to acquire Pacific Lighting for its new EV Charging Station Market Division.
Selling Solar To Spanish-Speaking Residential Homeowners Broadens Market As Firm Seeks To Sell Spanish-Language Solar Financing Nationwide; Solar Integrated Roofing Corp. SIRC Transitions To National Roofing And Solar Company As It Closes On Cornerstone Construction Acquisition
Sunlight Financial is currently privately held, but it announced its plans to go public in a $1.3 billion deal with Apollo-backed Spartan Acquisition Corp. II SPRQ. Spartan is a blank check firm. The impact will be Spanish-financed residential solar systems available to more homeowners than ever before. Selling Solar To Spanish-Speaking Residential Homeowners Broadens Market As Firm Seeks To Sell Spanish-Language Solar Financing Nationwide; Solar Integrated Roofing Corp. SIRC Transitions To National Roofing And Solar Company As It Closes On Cornerstone Construction Acquisition.
SIRC's Core Clean Energy Strategy
SIRC Turning The Corner
Solar Integrated Roofing Corp. SIRC is turning the corner on becoming a nationwide roofing and solar provider. David Massey, SIRC CEO, said, on acquiring Cornerstone Construction, "This significant acquisition is the first step in our company's transition into a nationwide roofing and solar solutions provider. Throughout 2020, Cornerstone moved strategically into new markets including Charlotte, N.C., Charleston, S.C., Little Rock, Ar., Tulsa, Okla. and Foley, Ala. The company completed 1,000 installs of roofing and solar in 2020, generating over $15 million in sales with robust projected growth." Massey added, "This is an exciting presence that we believe will help grow our acquisition pipeline nationally, helping to create value for our shareholders." To learn more, go to https://cornerstoneconstruction.org/
Cornerstone's services include inspections, installations, repairs and replacement services as well as gutters, windows, siding and decking. It also designs and installs traditional solar and solar shingle arrays that integrate seamlessly into new and existing roofing systems, SIRC said. Cornerstone's founder and CEO is Hunter Ballew. Selling Solar To Spanish-Speaking Residential Homeowners Broadens Market As Firm Seeks To Sell Spanish-Language Solar Financing Nationwide; Solar Integrated Roofing Corp. SIRC Transitions To National Roofing And Solar Company As It Closes On Cornerstone Construction Acquisition.
Solar Integrated Roofing Corp. SIRC Executes A Flurry Of Clean Energy Acquisitions
In addition to recently signing a binding letter of intent to purchase five-state roofing and solar systems installer, Cornerstone Construction, SIRC recently closed on its purchase of California-based solar company Enerev LLC and signed a binding agreement to buy Pacific Lighting Management for its new EV Charging Station Solutions Division. Selling Solar To Spanish-Speaking Residential Homeowners Broadens Market As Firm Seeks To Sell Spanish-Language Solar Financing Nationwide; Solar Integrated Roofing Corp. SIRC Transitions To National Roofing And Solar Company As It Closes On Cornerstone Construction Acquisition.
SIRC Targets Closing Of Pacific Lighting Acquisition
When Massey recently announced the Company signed a binding LOI to acquire Pacific Lighting Management, Inc., for its new Dedicated EV Charging Station Solutions Division. SIRC offers several long term (IDIQ-type) government contracts with the General Services Administration (GSA and GSA Fleet). Its customers also include federal, state and local governments, school districts, hospitals and large commercial clients, the Company said. It is a cash-flow positive buy, SIRC said. It is based in Southern California, in Santa Ana. Learn more about Pacific Lighting at http://www.pacltg.com/
SIRC Closes On Acquisition Of Solar Installer Enerev LLC
SIRC recently closed on its purchase of another established clean energy renewable solar installer, Enerev LLC. To learn more, go to https://www.enerevsolar.com/getting-started. SIRC also reached agreement with Solectrac, Inc., an all-electric tractor developer and manufacturer located in Northern California. That company is now 24% owned by Ideanomics IDEX. and Solectrac is an applicant for a $500 million USTDA grant.
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
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