Letter from the CEO

Celebrating a Decade of Impact

As we wrap up our 10th year, Sunwealth would like to express our gratitude for your unwavering support, partnership, and contributions to our mission to Invest in a Better Energy Future. Sunwealth has invested over $250M into more than 750 community-based solar and solar-plus-storage (“solar+”) projects across the U.S.  These solar+ projects provide jobs, energy savings, and reliable power and serve as beacons of positive change.

Sunwealth’s low-income community solar project at the River Valley Co-op, a consumer-owned cooperative grocery store in Easthampton, MA, combines a rooftop solar array, solar carport, and battery storage to create a Zero Net Energy (ZNE) building. With 58% of our solar+ projects directly benefiting LMI communities—surpassing our 50% goal—we’re proving the power of community-based solar+.

Together, we’ve built a strong foundation—a proven track record, an experienced team, and a trusted network of partners from coast to coast. Sunwealth’s progress is accelerating the impact of solar investing, and just in the last month, we have closed the following impactful deals:

  • $287.9 million in permanent project debt from the U.S. Department of Energy’s Loan Programs Office (“DOE Loan”) to fund new solar and solar-plus-storage projects.

  • $30 million construction debt facility with the Urban Investment Group at Goldman Sachs.

  • $20 million tax equity partnership with U.S. Bancorp Impact Finance.

These accomplishments reflect our financial strength, risk management, and ability to break down barriers to solar energy access. They also highlight the importance of your investment in making our impact possible.

The Next Milestone: $1 Billion for Community-Based Solar+

Building on our strong foundation and the urgent need for climate action, Sunwealth is working toward our next milestone: investing $1B into community-based solar+ projects over the next four years.

 
 

Sunwealth envisions a future powered entirely by renewable energy, where the benefits of clean energy are experienced nationwide, impact investing is mainstream, and the energy landscape is transformed for the better. We believe mobilizing and investing $1B is a critical step toward achieving a Better Energy Future in our lifetimes.

Your Support Makes This Happen

Reaching the $1B milestone requires significant investment and collaboration from individuals, community banks, foundations, and impact investors like you. Every dollar you invest directly contributes to uplifting communities through new solar+ projects. Your support ensures that every viable and impactful solar+ project can be funded and brought to life.

 

The DOE Loan will cover around 30% of our project financing needs over the next four years, with the remainder being funded through tax equity, the Solar Justice Fund (SJF), and other debt investors. SJF and tax equity investments are pivotal to our work, providing flexible capital that accelerates our mission and enables the swift deployment of the DOE Loan.

Let’s Connect

Your investment is key to making a Better Energy Future a reality. Whether you’re already invested in our mission or considering joining us, we invite you to deepen your involvement – by investing, sharing our story, or reaching out to discuss your goals and explore new partnership opportunities. We are eager to hear about your vision for a Better Energy Future and explore how we can work together to make it happen.

Sunwealth welcomes the opportunity to connect and explore how to strengthen our partnership or start a new one. To schedule a meeting with Sunwealth, please reach out to investors@sunwealth.com to schedule a meeting.

Thank you for being essential to our transformative journey towards a Better Energy Future.

Best regards,

Jon Abe
CEO and Founder
Sunwealth

Jon Abe