Exro is Low and Slow - SVB Fallout Now ?'s Availability of .... Times like this really shows how important it is for a company like Exro to have a Strong Proven TIGHT Capital Structure and has not taken a Quick Cash First at all cost to reach market share..........MOO....
.....March 15, 2023...The collapse of Silicon Valley Bank (SVB) has raised questions around the availability of capital for the clean energy sector, having been a major actor in the space to-date including with Sunrun, Leap, AES, Cypress Creek Renewables and other developers.
But the collapse has raised questions for the c.1,500 clean energy companies it has worked with, and the plethora of renewable energy and energy storage projects it has financed including some 62% of all community solar in the US. While the FDIC’s move appears to prevent any short-term fallout, the long-term effect on the availability of capital, specifically tax equity, has divided opinion.
( this article is worth to Google for full article and read) cameron murray