DJIA51176.96 250.40
S&P 5007722.72 56.27
NASDAQ27190.86 319.27
Russell 20002832.89 26.27
German DAX25231.20 291.85
FTSE 10010461.95 33.68
CAC 407897.19 61.88
EuroStoxx 506241.75 65.20
Nikkei 22568309.46 -647.26
Hang Seng23972.29 -640.98
Shanghai Comp3842.19 11.74
KOSPI7003.74 32.39
Bloomberg Comm IDX141.51 -0.77
WTI Crude-fut102.70 0.04
Brent Crude-fut91.26 -1.92
Natural Gas3.04 0.09
Gasoline-fut3.31 -0.11
Gold-fut4172.10 -33.20
Silver-fut60.71 -0.59
Platinum-fut1706.80 -22.00
Palladium-fut1173.00 -14.50
Copper-fut6.58 0.01
Aluminum-spot3195.00 0.00
Coffee-fut290.75 1.50
Soybeans-fut1277.25 -6.00
Wheat-fut683.00 1.25
Bitcoin84534.70 -167.93
Ethereum USD2665.84 -33.68
Litecoin69.46 1.30
Dogecoin0.09 0.00
EUR/USD1.1233 -0.0101
USD/JPY157.63 0.46
GBP/USD1.3191 -0.0073
USD/CHF0.8316 -0.0030
USD IDX101.92 -0.11
US 10-Yr TR5.276 0.042
GER 10-Yr TR3.4553 0.0004
UK 10-Yr TR5.377 0.0049
JAP 10-Yr TR3.091 -0.014
Fed Funds4 0
SOFR3.87 -0.03
Connect News Money news for every market and every facet, every day.
Connect Money Events Live and virtual events bringing together the best of information and networking.
Financial Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Awards View the A-list of money & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for clear, concise news of maximum importance to the financial services industry.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Topics

Alternative Assets  + Real Assets  |  May 21, 2025
Solar Landscape Secures $175M Partnership with PGIM Private Capital 
Joe Palmisano
By: Joe Palmisano

Solar Landscape Secures $175M Partnership with PGIM Private Capital 

Asbury Park, NJ-based Solar Landscape, a leading commercial rooftop solar developer, has partnered with PGIM Private Capital in a $175 million long-term institutional shelf debt facility to finance 74 solar projects across Maryland and Illinois. Spanning three million square feet of commercial rooftops, these projects will generate nearly 43 megawatts (DC) of solar capacity, feeding electricity directly into the distributed grid. 

“Commercial rooftop solar is America’s most shovel-ready energy source, and this financing enables us to build more and build it faster,” said Clayton Avent, CFO of Solar Landscape. The partnership builds on Walmart’s tax equity investment in the portfolio, announced in October 2024, with further deployments planned for 2025 and beyond. 

For PGIM Private Capital, the investment aligns with its commitment to clean energy. “By building solar projects on existing commercial buildings, Solar Landscape is deploying energy quickly, efficiently, and close to where it will be used, making it a sound investment in our energy future,” said Ingrida Soldatova, Senior Principal, Real Assets—Power at PGIM Private Capital. 

Over a dozen projects in Maryland have recently been energized, with the remaining portfolio expected to be operational in 2025, enhancing community access to sustainable energy.  

Connect

Inside The Story

Solar LandscapePGIM Private Capital

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
Order Reprints