SolaREIT, a Vienna, Virginia-based real estate investment firm for solar and battery storage, has secured a $200 million long-term debt facility. The funding was provided by SLC Management, the institutional asset management arm of Sun Life Financial. The financing was structured to allow future issuances and was aimed at addressing rising capital requirements and shifting US federal energy policies. SolaREIT said the funding was designated to expand its core offerings, which included solar and storage land acquisitions, lease purchases, and land loans for developers nationwide. According to SolaREIT CEO Laura Pagliarulo, the partnership with SLC Management has enhanced the company’s capacity to provide developers with timely, flexible capital. Since its founding in 2020, SolaREIT has financed over $3 billion in solar and storage real estate projects across the US.