GreenFront Energy Partners Advises Secure Futures Solar on $25 Million Commitment to Finance Commercial Solar Power Projects in Southeast

GreenFront Energy Partners (“GreenFront”) is pleased to announce the successful close and first funding of Alerion RE, LLC’s $25 million commitment to Secure Futures, LLC. This equity financing will be used to develop, own, and operate distributed generation solar power projects in Virginia, West Virginia, and North Carolina. "Coming in to projects with secured financing at favorable terms will allow Secure Futures to offer the most competitive rates on PPAs and service agreements to our customers, providing the best value on solar power," said Dr. Tony Smith, President and Founder of Secure Futures. "We can now compress the timeline to provide on-site solar power to customers in education, healthcare and local government."

GreenFront served as exclusive financial advisor to Secure Futures, performing investment banking and advisory work to support the capital raise. "The GreenFront team members were great to work with throughout our capital search process, and in securing and negotiating with the right investment partner to support our growth trajectory. We could not have imagined better teaming or investment partners." said Smith. GreeneHurlocker PLC represented Secure Futures in the transaction.