“Luminia provided us with a financing solution under a very short timeframe, and it turned out to be a better option than what others were providing. Luminia viewed us as a partner and wanted to serve us properly, treat us well and make us a priority – which was extremely important to us,” said Noah Galabow, CFO of Carondelet High School in Concord, California.
“The primary measure of success for the project has been the energy savings. It has generated more than we initially expected, and with that we are seeing significant cost savings.”
David Field, co-managing partner of Luminia, previously led the build of one of only five enterprise-grade residential solar sales, origination and finance platforms. This platform scaled to execute more than 8,000 residential solar transactions, totaling over $350 million. Jim Kelly, co-managing partner of Luminia, has over 30 years of experience in commercial real estate, including developing and acquiring more than $1 billion in real estate assets.
“Over the last three decades I have grown acutely aware of the challenges in financing sustainability improvements for the commercial real estate industry. This experience guided our approach to inventing new ways for commercial property owners to achieve their ESG targets,” said Jim Kelly, co-managing partner of Luminia.
Luminia offers first-of-its-kind financing solutions paired with its proprietary technology platform to provide swift access to a suite of sustainability improvements, including solar, electric vehicle charging stations and other energy efficiency upgrades.
“History has proven how the powerful combination of financing and technology platforms have accelerated the residential clean energy industry. Our all-in-one solution focused on the commercial sector allows our premier channel partners to streamline projects while at the same time delivering exceptional value to their commercial customers,” said David Field, co-managing partner of Luminia.