Affordable Solar Cinches Financing For NM Project

Law360, New York (February 25, 2014, 4:05 PM EST) -- New Mexico-based Affordable Solar has secured financing for a 940-kilowatt solar farm in Alamogordo, N.M., through boutique financier Sol Systems, Sol announced Tuesday, continuing the parties' relationship on solar developments in the state.

Affordable Solar will design and develop the farm for an undisclosed sum of money, using an infusion from Sol Systems. Sol also invested in Affordable's construction of an 806-kilowatt solar farm near Deming in September. New Mexico ranks 10th in the country in installed solar capacity with 207 megawatts, according to the trade...
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