Technology bankers’ expertise helps propel solar company
With the help of Wells Fargo’s Technology Banking group, Strata Solar in North Carolina has moved from small installations to utility-scale solar “farms.”
Strata Solar started out small but now is “one of the fastest growing solar integrators in the country.”
Markus Wilhelm’s company, based in Chapel Hill, North Carolina, builds and maintains utility-scale solar farms, selling the clean power it produces to utility companies.
In the past five years, Strata Solar has trained and employed more than 2,000 local workers and helped make North Carolina the third-largest state in the U.S. for solar installations.
Markus works with Wells Fargo’s Technology Banking group and credits the specialty bankers for much of his company’s success. He has relied on their advice, expertise, and financing as his team has built 80 farms, with plans for 100 more in the next two years.