KEYSTATE CONTINUES GROWTH OF SOLAR FINANCE TEAM

FOR IMMEDIATE RELEASE
Steve Hibbard
Director of Finance
The KeyState Companies

KEYSTATE CONTINUES GROWTH OF SOLAR FINANCE TEAM

LAS VEGAS, NV (August 30, 2022)

Please join KeyState in congratulating Patrick Hidden on his promotion to Project Finance Manager and transition to KeyState Renewables’ solar investment tax credit platform – SOLCAP. Patrick joined the KeyState Portfolio Services Investments team in 2017 following a successful internship and will bring five years of intensive financial analysis experience to SOLCAP.

Patrick began supporting SOLCAP in 2020 with the underwriting of its solar development partners and proposed project investments. He will continue that work and take on broader responsibilities for KeyState Renewables and SOLCAP. SOLCAP has doubled in size each year since inception and anticipates a similar growth trajectory with recent passage of the Inflation Reduction Act (IRA). We look forward to Patrick’s continued growth in his new role. Congratulations Patrick!

###

ABOUT SOLCAP

KeyState Renewables and Corner Power are the managing members of the SOLCAP solar tax equity funds. Since 2019, SOLCAP has funded over $175 million in tax equity to 35 small scale utility and community solar projects across the country. SOLCAP expects to provide over $135 million in tax equity financing for 2023 projects. For more information about SOLCAP, visit www.sol-cap.com.

ABOUT KEYSTATE

Founded in 1991, KeyState specializes in managing tax advantaged investment and insurance structures for community banks. KeyState serves over 140 community banks across the country and is based in Las Vegas, NV with offices in Wilmington, DE, Burlington, VT, and Denver, CO. For more information, please visit www.key-state.com.

ABOUT CORNER

Corner Power’s team of seasoned solar energy professionals has been engaged in the development, financing (tax equity and debt) and fund management of distributed generation solar projects for over twelve years. Corner’s team has sourced, developed and operated solar and energy storage projects for the C&I, municipal and utility markets in the U.S. and India and is based in New York, NY with offices in San Francisco. For more information, please visit www.cornerventures.com.