Renewable Energy & Community Wealth Creation
Urban Advisors was engaged to structure and design and creative ownership financing model for a newly constructed renewable energy facility. This renewable energy facility will reside in the southeastern portion of the United States. As part of the engagement, Urban Advisors was tasked with creatively structuring the project by leveraging multiple capital sources; New Markets Tax Credits, Bonds, Mission Related Investments (MRI) and local economic development funding sources will help generate a 20-year annuity stream that will ultimately benefit a low-income community. The project will create over 30 direct jobs, 70 indirect jobs, as well as improve the rural community’s overall workforce development opportunities.