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  4. CRER Vol. 12 (2014)
  5. Using REITs to Invest in Utility Scale Solar Projects

Using REITs to Invest in Utility Scale Solar Projects

File(s)
2014_60_70_McKinley.pdf (459.37 KB)
Permanent Link(s)
https://hdl.handle.net/1813/70739
Collections
CRER Vol. 12 (2014)
Author
McKinley, Brian
Abstract

[Excerpt] Public policy in the form of Renewable Portfolio Standards, rising electricity costs, and a sharp decline in upfront costs for commercial and utility scale solar power projects in recent years have allowed for the rapid growth of new solar power installations, and with them, a new opportunity for real estate investors. In this article we discuss solutions to one challenge in the growth of this asset class, securing a viable public financing structure through the utilization of Real Estate Investment Trusts (REITs) that will allow large scale investment to take place and the cost of capital to fall.

Journal / Series
Cornell Real Estate Review
Volume & Issue
Vol. 12
Date Issued
2014-07-01
Keywords
Cornell University
•
real estate
•
public policy
•
Renewable Portfolio Standards
•
electricity
•
costs
•
commercial
•
utility
•
scale
•
solar
•
power growth
•
land
•
technology
•
Real Estate Investment Trusts
•
REITs
•
capital
•
steam
•
locomotives
•
river
•
photovoltaic effect
•
market
•
trends
•
installation
•
costs
•
incentive
•
meter
•
net-metering
•
utilities
•
municipalities
•
agencies
•
public
•
financing
•
asset
•
portfolio
•
ownership
•
minority
•
Subsidiaries
•
roof
•
ground
•
leases
•
Prologis
•
Power REIT
Rights
Required Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.
Type
article

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