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Key EF Provides Financing for MTU America Solar Energy Project

August 18, 2017, 08:00 AM
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MTU America (a subsidiary of Rolls-Royce) held a ceremony on August 9, 2017 in Graniteville, South Carolina, to celebrate a 1.35 MW (DC) ground mounted solar array installed on a 7-acre site highly visible from the I-20 exit ramp in Graniteville. SolAmerica Energy of Atlanta, GA (“SolAmerica”) designed and installed the system and will maintain the project for MTU America. The project will generate energy income for MTU America through a Bill Credit Program with South Carolina Electric & Gas (SCE&G), and was financed under an agreement with Key Equipment Finance, a division of KeyBank.

South Carolina Governor Henry McMaster and Congressman Joe Wilson attended the ceremony, along with other government and business leaders, and participated in “flipping the switch” with MTU America to officially launch the project.

Speaking on behalf of MTU America, Joerg Klisch, Director of Operations of MTU America, stated, “This is a very exciting project for MTU. We are committed to pushing the boundaries of technology in the power solutions we provide to our customers, and solar projects like this will be an important part of the power mix in the future. SolAmerica has been a valuable partner in making this project a reality.”

“The SolAmerica team has been honored to work with MTU America, Key Equipment Finance, SCE&G and Aiken County on this high-profile project in the Graniteville community,” stated George Mori, President of SolAmerica. “South Carolina is a terrific market for distributed solar generation, and MTU deserves a lot of credit for its leadership in launching such an exciting project.”







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