NEW YORK--(BUSINESS WIRE)--Scale Microgrids (“Scale”) has closed a major tax equity transaction with Truist Bank to support the construction of new distributed energy assets across the U.S. Under this partnership, Truist will provide a tax equity investment of up to $150 million. The Truist tax equity facility will help Scale finance the construction of microgrid projects for commercial and industrial customers representing a variety of industries, as well as community-scale solar and battery s...
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