Churchill Stateside Group Completes Tax Equity Fund to Finance over $225 Million of Solar Energy

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Tax Equity financing for 91.587 MW DC Renewable Energy Project in North Carolina

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The closing of this renewable energy tax equity fund highlights CSG’s experience in bringing large scale, high quality and cost effective solutions to our investor and developer partners.

Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, is pleased to announce the closing of Churchill Stateside Solar Tax Credit Fund IX for the development of over 91.5 megawatts of solar energy across 600 acres located in North Carolina.

Devin Sanderson, Chief Operating Officer and Director of Renewable Energy for CSG, said “The closing of this renewable energy tax equity fund highlights CSG’s experience in bringing large scale, high quality and cost effective solutions to our investor and developer partners. We continue to strive to provide strong risk-adjusted returns to our investors, while also being an integral part of producing clean, renewable energy to our nation’s grid.”

Joseph Switzer, Senior Vice President of Churchill Stateside Securities, LLC, the fully licensed broker-dealer for CSG, said “This fund is another example of our commitment to finding quality investment opportunities for our clients that meet their particular needs and objectives.”

For more information about CSG’s renewable energy finance programs and services, please contact Devin Sanderson, COO and Director of Renewable Energy, at (727) 461-2200 and dsanderson(at)csgfirst.com.

About Churchill Stateside Group

Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and renewable energy industries. CSG sponsors tax credit equity investment funds for institutional investors and provides a variety of construction and permanent financing solutions. With over $1 Billion under asset management, CSG has long-standing and successful investment relationships with numerous corporate investors and pension funds. The company’s investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership, and attractive debt and equity platforms. The company, through its subsidiary Churchill Mortgage Investment LLC, is an approved USDA Rural Development and HUD/FHA MAP and LEAN lender and Ginnie Mae Issuer.

For more information, please visit http://www.CSGfirst.com.

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Devin Sanderson
@CSGfirst
since: 03/2014
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