TCAM Announces New Affiliation with Solar Energy Asset Manager, Radian Generation LLC
BOSTON, MA – TCAM announced today its affiliation with Radian Generation LLC (RadianGEN), a solar energy asset manager that provides services for owners of solar projects. RadianGEN was established by seasoned solar industry executives with deep experience in solar project development, acquisition, finance, operation and management. RadianGEN focuses on the growing market of commercial, residential and utility-scale solar power plants, many of which were financed with tax credit equity. Services include technical asset management services, financial asset management services, advisory diligence services, and work out services for underperforming solar assets.
“RadianGEN’s deep experience will expand the services TCAM and its affiliates can offer to capital providers in the tax credit industry,” said TCAM CEO Jenny Netzer. “We look forward to working with our former colleagues from MMA Renewable Ventures to help clients improve the performance of their solar as well as housing portfolios.”
Chad Sachs, CEO of RadianGEN, added: “The solar sector has matured to a point where it now has the same servicing needs that the affordable housing sector and real estate in general has had for decades. Our affiliation with TCAM will allow us to bring the best practices from those sectors to the solar sector.”
TCAM provides asset management and consulting services for capital providers in the affordable housing and tax credit industries. Through 2012, TCAM has provided services to clients for over 800 properties containing 120,000 apartment units in 46 states, Washington, D.C., and Puerto Rico, representing in excess of $5.5 billion of client capital.
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