EL SEGUNDO, CA (January 31, 2014) – Landmark Dividend, the industry leader in acquiring the real property rights under infrastructure assets, announces the formation of its Renewable Energy Division and its first acquisition in the wind and solar industries.
Acknowledging the opportunity for growth, Landmark Dividend launched the Renewable Energy Division to focus exclusively on providing capital to landlords of clean energy projects. “We have dedicated a significant amount of capital to the renewable space. We are thrilled to launch this effort and look forward to assisting our clients in the alternative energy industries,” said Tim Brazy, President of Landmark Dividend.
When landlord Gary Horning was looking for capital to pay off an existing loan related to a wind turbine in Troy, PA, he turned to Landmark Dividend. “I was under contract with another company but it turned out that they did not have the funding and the transaction fell through. After I learned that Landmark Dividend had launched its Renewable Energy Division, I spoke with Alex Stone and it was clear that they had the financial resources to close. Landmark made the process simple and they got me the capital when I needed it,” said Mr. Horning.
“I’m very pleased that Landmark was able to provide Mr. Horning with the capital he was looking for,” said Mr. Stone. “Our team is dedicated to helping our clients achieve their financial goals. We have hired leaders from the renewable energy ground lease industry and are committed to devoting the resources and capital necessary to ensure landlords of all sizes and scopes have access to funding for their renewable energy assets.”