Clearwater, Fla., July 27, 2011 — Churchill Stateside Group, a financier of commercial real estate and renewable energy installations, announces the closing of its newest solar transaction for the Hollister School District in various locations throughout San Benito County, California.

CSG provided the initial $7.75 million, or 90 percent, in construction financing for multiple solar panel arrays on nine schools. This project has the capacity to generate a total of 1.43 kW DC, providing green energy in various buildings effectively reducing the school district’s reliance on the grid, energy costs and its impact on the environment. The solar energy installation incorporates solar panels on several canopies, a ground-mount site and a rooftop installation.

In 2010, the city of Hollister constructed a 1.2 MW DC solar powered water treatment plant and this installation is the next step in making this progressive city a leader in renewable energy.

“This marks the 18th public educational institution we’ve helped to secure sustainable energy. We are seeing increasing interest in renewable installations from forward-thinking school systems and commercial operations. We’re pleased that our expertise in structuring and closing loans for renewable energy systems continues to fit the needs of these projects from top to bottom,” stated CSG Chief Executive Officer, Keith Gloeckl.

Contact us today to discuss financing for your renewable energy project.

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