Portfolio Related News

Clarien Bank announces an innovative financing solution to facilitate residential solar power

Bermuda

Highlights

  • Clarien Bank and BE Solar have partnered to offer financing solutions to provide homeowners with an easy way to invest in clean renewable electricity

Installing a residential solar panel system can provide a homeowner with significant savings on their energy bill. While a solar system will provide long term savings, the upfront cost for some homeowners can be significant. Clarien Bank’s new loan program estimates that Bermudian homeowners will enjoy a return on investment within an average of 7 years, enabling them to immediately enjoy the savings and environmental benefits of solar energy by making a low risk and high return investment. Clarien Bank is part of Clarien Group Limited, a portfolio company in Portland Private Equity’s Portland Caribbean Fund II.

For more, see:


Contact:

For more information visit www.portlandpe.com or contact Douglas Hewson at dhewson@portlandpe.com.

About Portland Private Equity:

Portland Private Equity is a private equity fund management company currently focused on private equity growth opportunities in the Caribbean, Central America, and Colombia through its management of the AIC Caribbean Fund and its successor, Portland Caribbean Fund II.