Belvedere Solar Finance arranged solar lease financing for Major League Baseball’s San Diego Padres. The 336 kW system, installed at the Padres’ Petco Park, is the largest solar installation in major league baseball and is expected to save the Padres about $4 million over the system life.

“This lease presented an unusual challenge,” said Marge Leask, Belvedere’s vice president of solar finance. “Major league baseball teams are not allowed to release their financial statements, so we had to be able to structure a lease with no financial information on the Padres. We rolled up our sleeves and found a way to proceed without financials. And we ended up saving the Padres $161,000 over their financing alternatives.”

Belvedere Solar Finance has provided nearly $100 million in solar lease and debt financing to commercial, non-profit and government entities.