In 2009, Sculler became active in the solar energy industry in Ontario. Sculler created business relationships with a number of solar contracting firms. Its role was to function as a capital provider (investing with both debt and equity), developer and owner/operator of ground and roof-mounted solar projects in Ontario. Now, with more than 350 locations to date, the firm manages the largest number of microFIT projects owned by a single corporate entity in Ontario, and has developed an expertise in the funding, development and ownership of commercial-sized rooftop and ground-mounted solar projects. Through Sculler’s hands on approach, a working relationship has been developed with relevant government and most local distribution companies in Ontario.
For a number of years, Sculler Energy Corp. has been working in target areas of the United States to develop commercial solar projects. Efforts include the early stage investment in both grid-tied and net metered assets, acquisitions of grid-tied assets under development, the creation of US entities that can operate cross boarder in the most tax efficient manor, the sourcing of key personal and the creation of strategic relationships. Development of infrastructure assets can take up to five years before income is realized. In early stages, all of the investment capital has come from Sculler. Investment partners are brought in at the appropriate time when projects are considered to be de-risked to an appropriate threshold. There is a more fulsome description of our energy investments within Sculler Energy Corp.’s website.