U.S. Bancorp Impact Finance, a subsidiary of U.S. Bank, acted as the tax equity investor for PureSky Energy's 54.5 MWdc solar and 7.4 MWh DC-coupled energy storage portfolio. This portfolio, valued in excess of $150 million, represents PureSky Energy's largest solar project to date.
The investment supports 12 solar projects located across New York and Massachusetts, reinforcing PureSky's commitment to high-quality renewable energy development. This initiative aligns with U.S. Bancorp's broader efforts to support sustainable energy solutions and contribute to environmental goals.
U.S. Bancorp's role as a tax equity investor highlights its participation in financing significant clean energy infrastructure. This involvement not only supports renewable energy growth but also demonstrates the bank's strategic engagement in impact finance.
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