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Alternative Assets  + Real Estate  | 
SolaREIT Secures $200M Debt Facility from SLC Management 

SolaREIT Secures $200M Debt Facility from SLC Management 

SolaREIT has entered into a long-term financing agreement with SLC Management, the institutional fixed income and alternatives arm of Sun Life Financial, establishing a $200 million debt facility to support land financing solutions for solar and battery energy storage system (BESS) developers across the U.S. The facility will fund expansion of SolaREIT’s core offerings, including solar and storage land purchases, lease purchases, and land loans. 

“This partnership with SLC Management strengthens our ability to deliver fast, flexible capital to developers, at a time when they need it most,” said Laura Pagliarulo, CEO of SolaREIT. 

In March, SolaREIT boosted its revolving credit facility to $60 million, with Atlantic Union Bank increasing its commitment and syndicating to EagleBank.   

Since its founding in 2020, SolaREIT has financed real estate for solar and storage projects with a combined value of more than $3 billion nationwide. The firm entered the energy storage market in 2023 and has since completed more than $125 million in BESS transactions. 

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SolaREIT SLC Management

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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