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- Acknowledgement and Confirmation
Acknowledgement and Confirmation
Posted by Kejsi Ago on December 13, 2021
Anthony Spurlock wants to discuss the buyout options after 7 or 10 years, the determination of fair market value, and the ongoing maintenance requirements for Solar Farm 1.0 by the end of the year with Rockwell Finance.
Allen Wilson from Rockwell Finance sent an Acknowledgement and Confirmation with respect to Solar Farm 1.0 for the University's Board of Trustees' review and signature. The original financial partner (MB Bank) was acquired by Fifth Third Bank. The asset is being discussed with Fifth Third and being moved to Fifth Third's solar financing program and Wilmington Trust is being incorporated as a trustee for the project.