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Marathon Capital has Advised Sumitomo Corporation of Americas on Tax Equity Investment

June 26, 2024

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Utility Scale Clean Power

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Tax Credit Advisory

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  • Matt Shanahan

    Managing Director

  • Quang Ho

    Director

Marathon Capital is pleased to announce it has advised Sumitomo Corporation of Americas on its tax equity investment in a diverse portfolio of solar photovoltaic (PV) plus battery energy storage projects, led by Pacifico Power. The six projects consist of 27 MW solar PV and 25 MWh battery storage located in Massachusetts and California.  

Marathon Capital acted as exclusive financial advisor to Sumitomo Corporation of Americas on the transaction. 

Sumitomo Corporation Group is expanding its Green Power Platform business and will seek to identify further opportunities to expand the community solar business model in the U.S., Japan, and other countries to expand access to the immense benefits of renewable energy.

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