Solar installer SPG Solar has formed a new structured finance group. SPG’s new group will be headed by Michael Johnson, who joined SPG in June 2010 as vice president of project finance. Johnson is the former managing director of the renewable energy investment program for the National Development Council.

The structured finance group within SPG can now offer its customers access to its third-party funding partners for Power Purchase Agreements (PPAs), debt and equity investment, operating and capital lease arrangements and participation in Renewable Energy Funds.

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