All projects in the initial 57-site portfolio were designed, permitted, built and energized within 12 months of execution of the respective Power Purchase Agreements – a pace rarely seen in distributed commercial solar. The ten additional sites totaling 6.5 MW are being developed at a similar pace.

Luminia provides end-to-end project delivery, from project origination support through development to permission to operate, and ITC placement. Luminia also utilizes its proprietary production monitoring and tenant billing platform to allow the REIT to allocate energy savings across multiple tenants with accuracy and transparency. These solar systems are expected to deliver a significant portion of electricity supply for each of the participating properties for the next 25 years.

About Luminia

Headquartered in San Diego, Luminia is a renewable energy developer accelerating the transition to local commercial and community-based solar and energy storage. Luminia partners with businesses, property and portfolio owners, Community Choice Aggregators (CCAs) and local communities to design, finance, build and operate distributed clean energy projects that deliver energy savings and lasting value. For more information, visit https://luminia.io.

Media Contact

Andrea Saxenhofer, Luminia, 1 6195042502, [email protected], www.luminia.io

SOURCE Luminia