Commercial Real Estate & Renewable Energy FinanceSolar panel installations reduce energy costs for high schools in the Jefferson Unified School District in various locations throughout Daly City and Pacifica, California.

Churchill provided the initial $10.8 million,
or 90 percent, in construction financing for multiple roof and ground mount solar
panel arrays on four high schools. This
project has the capacity to generate a total of 1.64-megawatt hours ,
providing green energy while reducing the school district’s
reliance on the grid, energy costs and its impact on the environment.
Churchill provided the construction
financing for the initial development phase of the Jefferson Union High School
District installation. This project will
utilize conventional financing, equity and renewable energy tax credits as the
exit strategy for the initial construction financing.