Welcome to Banking on Solar. On Today’s episode: My chat with Russell Cramer, Vice President of Solar Financing at 1st Source Bank. 1st Source is a regional bank headquartered in South Bend Indiana that has made a name for itself in the Midwest and Northeast with innovative 3-part financing for low megawatt solar projects. Russ joined 1st Source shortly after the bank made its first solar project loan. Fast forward six years to today, and you’ll hear Russ share his views on what makes a bankable project, how developers can keep transaction costs down with efficient data rooms, and how the industry is evolving from a financier’s perspective.
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