A Renewables Solution That Makes Financial Sense
IR Renewables is a financing and development company dedicated to helping real estate owners add renewable energy to their assets with no upfront capital, creating an opportunity to reduce capital expenditures and increase net operating income (NOI), all while producing a higher-quality, more sustainable and eco-friendly commercial real estate asset.
If you own commercial real estate that could benefit from covered parking, working with IR Renewables can allow you to provide this benefit to tenants, meet zoning requirements, and create an additional revenue opportunity by monetizing new, covered parking spots without having to bear the heavy capital expenditure on your balance sheet.
What to Know about Imperial Ridge Renewables
Here’s how it works
Through a contractual relationship with the property, IR Renewables combines Solar PV with covered parking and then owns and operates the panels long-term. As a commercial real estate owner, you reap the benefits of reduced capex, increased NOI from the covered parking, and the ability to bring clean electricity to your property without the hassle of owning and operating a Solar PV system.
With the ability to self-finance projects up to $5m or 5MW, IR Renewables is an ideal partner for a variety of multifamily, hospitality, office, industrial and life sciences assets that need onsite, covered parking facilities.
In addition to our Solar Covered Parking Program, we leverage our self-financing capabilities to support real estate owners looking to add traditional rooftop solar and other forms of renewable energy to their properties.
Let’s start a conversation to discuss how we – a and our capital – can help you build better buildings and increase profitability.
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