Trend Report: Fintech’s Ripple Effect on the Renewable Energy Market
Written for members of the investment community focused on energy efficient asset classes, this issue of the T-REX Trend Report uses Connecticut Green Bank’s landmark SHREC ABS deal to showcase how smart technology drives market transformation.
New York, NY, July 16, 2019 — T-REX, a leading data services and software provider for complex financial markets, shares insights on investing, data transparency, and technology trends in its latest Trend Report.
Report Abstract: Financing for solar installations is challenging. However, with greater access to financing, more solar energy systems can be installed. This increased deployment of clean energy not only leads to an overall better quality of life for the public, it creates a ripple effect that impacts local communities from a number of different angles. This, coupled with their high yield potential, makes renewables extremely attractive for investors seeking high impact, socially responsible additions to their portfolios. Despite the draw, green energy remains exposed to friction across the financing and investment lifecycle due to data, analytics, and workflow limitations.
Knowing the friction that exists in the financing of solar and other renewables, Connecticut Green Bank (CGB) decided to leverage T-REX to bring transparency and efficiency to their first securitization. The highly successful, landmark transaction not only led to a number of benefits for Connecticut’s 3.5 million residents, it also set an important example of how smart technology transforms markets by simplifying and streamlining process. In this edition of the Trend Report, we use CGB’s transaction to walk through the typical financing challenges and best practices that pre-emptively address them.
Access a complimentary copy of the T-REX Trend Report at https://www.trexgroup.com/t-rex-trend-report-july-2019/
T-REX combines sophisticated SaaS technology with big data and asset class expertise to drive down cost of capital and reduce risk exposure for complex investments. Solutions address friction at each stage of the asset lifecycle, from origination through investment. By empowering efficient finance, T-REX creates significant investment opportunities across $500 billion in new assets every year. Performance Data Service and analytics platform for Loan and Asset Warehousing, Structured Credit, and Energy Project Finance.