About Distributed Sun in 2013
Distributed Sun LLC (D-Sun) is leading the industry's next generation business models for platform, software, standards, and finance within the commercial and industrial (C&I), municipal, university, school, and hospital (MUSH), military sites, and microgrid solar segments.
Distributed Solar Network
The Distributed Solar Network has over 110 members nationwide representing a substantial combined share of total commercial solar dealflow within the United States. During its first year of operations, members registered 1.5 GW from 325 projects in 28 states, the District of Columbia and Puerto Rico. Members include Developers, EPCs and other project originators delivering an average of 150MW each month into the network. D-SUN screened more commercial projects (107%) than the entire US marketplace installed in 2012, and will evaluate nearly 2 GW of deal-flow in 2013 on behalf of finance partners with more than $1B of annual solar project finance capacities. Network professionals provide development, workout and brokerage services customized with expert tools for each member, and each project’s needs, providing the results that matter most – deal readiness, transaction pricing, and finance certainty.
Business Intelligence Tools
D-SUN offers a suite of origination and finance tools for its developer, owner and operator members and partners to make better business decisions. Our network and software platforms reliably screen, score and select commercial projects and portfolios. By accurately identifying risks and returns, our tools match each development and operational asset to the right investor. D-SUN aligns price and risk models to finance requirements with its Radiance Dial™, and determines the right combination of development, installation and ownership partners utilizing Acquiris™. The Eclipse™ Database tracks electricity rates, solar policies, and all those factors informing risk evaluation within each state marketplace. D-SUN’s decision-making toolkit has evolved from applied use in the real marketplace to nearly 1,000 projects and over several thousands of hours of operational development.
truSolar was introduced by D-SUN in March, 2011, as the deal underwriting and finance approval process for its Solar Energy Investment Companies. In January, 2013, Distributed Sun and DuPont Photovoltaic Solutions announced the truSolar Working Group with market-share leading firms throughout the solar industry value-chain – representing over $100B in annual revenues. Together with ABB, ABM, Assurant, Booz Allen Hamilton, Chadbourne & Parke, Mosaic, PanelClaw, Rocky Mountain Institute, SMA, Standard & Poor’s and Underwriters Laboratories, with support from the national laboratories, Sandia and NREL, truSolar™ is a collaborative effort to develop an industry accessible credit screen for commercial and industrial project evaluation. truSolar™ provides a comprehensive assessment of risks from pre-development through lifetime operations of commercial PV projects.
Over $1B of Network Finance
The Distributed Solar Network has aligned pricing and yield models with several of the nation’s largest solar investors. This means we already know where, why and how they do and do not invest in solar assets. We have access to lots of capital at competitive costs. Most investors prefer a very specific type of deal – often in a certain state or region, with a very closely defined risk and yield profile. Our finance network is deep, wide and flexible, and is closing multiple projects in multiple states with multiple finance partners concurrently.
Solar Energy Investment Companies (SEICs)
Distributed Sun owns profitable, operational solar assets in six states and controls high-yield, development assets in 10 states, with network pipeline in 28 states, the District of Columbia and Puerto Rico. In other words, Distributed Sun is also a finance partner to the Distributed Solar Network. We don’t just represent project finance capital. When you need finance, D-SUN can be your investor.
$100 Million truSolar® Fund
Will offer full capital stack investments (take-out finance) to network member projects in Q4 of 2013.