New Markets Tax Credit Coalition

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Solarvision

Solar energy provider, SolarVision, LLC, is making it possible for schools, municipalities and businesses to take advantage of the economic and environmental benefits of solar power.

Investment

  • NMTC Amount: $5,141,000
  • Total Project Cost: $5,441,000

IMPACT

  • 11 FTE jobs

Investor

Project Description

Solar energy provider, SolarVision, LLC, is making it possible for schools, municipalities and businesses to take advantage of the economic and environmental benefits of solar power. The company, which organized in 2009 and is led by long-time renewable energy leader, Gregory Kuss and finance executive Don Saul, laid the foundation early on to succeed at bringing affordable solar projects to the state of Ohio. With a 300 solar panel/65 kilowatt array project already completed at Evening Street Elementary School in Worthington, OH earlier this year and the remaining four solar installations scheduled for completion within October of this year, SolarVision worked with finance partners, Stonehenge Structured Finance, Finance Fund and First Merit Bank to complete the multi-faceted $5.6 million deal.

MAP

Address: 8 East Washington Street, Athens, OH 45701

Census Tract: 39009973902

PDF Profile

Other Ohio Projects

NMTC supported renovation and expansion of an existing building for use as The Madcap Education Center.
The King Lincoln Gateway Building is located in the historic King Lincoln district of downtown Columbus, Ohio, directly across the street from the newly renovated historic King Lincoln Theatre.

Construction of mixed-use building with commercial space, parking, grocery store, Eastside School (early childhood education), co-office space and a restaurant.

NMTC financing supported Hamlin Newco, LLC, a value-added metal stamper, providing industrial metal parts, assemblies, and welded assemblies. Hamlin’s new 110,000 sq. ft. facility manufactures small to medium-sized stamped metal