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Fairfield Capital Closes Nearly $360MM Lease Financings for Renewable Energy Equipment

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Date: Jan 06, 2022 @ 07:19 AM
Filed Under: Industry News

Fairfield Capital Group, LLC announced its renewable energy practice advised, arranged and closed almost $360 million of lease financings for renewable energy equipment in 2021.
 
Fairfield Capital, which was founded in 2004, is a boutique investment firm that provides equipment financing advisory and placement services for both manufacturers and users of capital equipment with its primary focus being the renewable energy/clean technology market. Fairfield Capital has closed almost $1 billion of equipment used in eMobility applications in the last few years.

According to Dana J. Pasternak, Managing Director and founder of Fairfield Capital, “We fully expect another year of (more than) 50 percent growth in our renewable business in 2022 as the American economy has clearly reached a tipping point and extremely robust growth is occurring in all aspects of the green economy. Although the Green Energy provisions that the Biden Administration proposed in its Build Back Better legislation would provide a big boost to the renewables business, the existing momentum is this market is so great that extremely rapid growth will occur whether or not the proposed tax incentives and credits are enacted.”
 
“We expect to add several new investment banking clients in 2022 and believe that we will close as much as $600 million in new business. In some segments of the renewables market—specifically hydrogen—we believe that we have more experience and a longer track record than any other advisor in the market and hope to further capitalize on that advantage.”



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