LCOE.ai is the financial intelligence layer for solar lenders and tax equity investors — continuous, independent oversight of every project on the book. The same operational data the borrower sees, the day they see it. Covenant drift, DSCR erosion, put value risk, and reporting variance surface immediately, not four months later.
Project finance lenders · Tax equity investors · Asset owners
Independent, continuous loan-book visibility — so underperformance, covenant drift, and reporting variance surface the day they happen, not the quarter after. Examiner-ready documentation by default.
Continuous, independent monitoring of every project against sponsor reports — with put value optimization, automated data ingestion, and a streamlined asset management workflow built in.
The same platform automates covenant tracking and quarterly reporting to lenders and tax equity investors — saving days of staff time, eliminating disputes at the source, and turning compliance into a competitive advantage. See how owners use LCOE.ai →
Project finance lenders hold over $250 billion in active solar exposure. Tax equity investors monetize $63 billion in tax credits annually. Both rely almost entirely on borrower or sponsor self-reporting — quarterly, in inconsistent formats, with material lag. The gap between what's on the loan agreement or LLCA and what's actually happening on the asset is now where institutional capital bleeds.
+40% YoY at major project finance banks in 2025. The problem isn't defaults — it's that deterioration is invisible until a borrower-prepared report arrives four to six months late.
Industry-mean miss against forecast (kWh Analytics). On a $2B loan book's revenue base, that's $25–50M in annual leakage exposure — invisible in quarterly reporting.
Year-five put value, flip thresholds, and ITC recapture all rest on continuous performance verification. Sponsor compliance certifications arrive too late to act on.
The OBBB Act phased out solar ITC/PTC for projects not under construction by July 4, 2026. Future loan performance will be earned by execution, not policy tailwinds. Every basis point now matters.
Quarterly reports arrive as PDFs, spreadsheets, and portal exports — each in its own format. Manual ingestion is slow, error-prone, and never tied to actual monitoring data.
Continuous covenant visibility is no longer optional. Examiners expect time-stamped, independent verification — not the next quarterly compliance certification from the borrower.
LCOE.ai sits between solar monitoring systems and the institutions that finance them — translating real-world asset behavior into the financial signals lenders, tax equity investors, and asset owners need to act on time.
Operational tools save hours. The intelligence layer protects basis points — across an entire loan book's worth of solar exposure.
At 8.6% industry-mean PV underperformance on a $2B loan book's revenue base — the exposure LCOE.ai identifies and helps arrest.
Industry-mean miss against forecast (kWh Analytics). Invisible in quarterly self-reporting — visible from day one with independent monitoring.
The typical time between when performance deteriorates and when a borrower-prepared report surfaces it. LCOE.ai closes that gap to same-day.
Asset-owner staff time recovered from manual report compilation, format reconciliation, and counterparty follow-up — driving high voluntary adoption.
The next trillion dollars of energy infrastructure will require machine-scale portfolio intelligence. LCOE.ai is building the financial intelligence layer — the system every lender, tax equity investor, asset owner, insurer, and infrastructure fund relies on to translate operational reality into capital decisions, and to act on time to make a real impact.
Connect with us to see how LCOE.ai maps live performance data to your loan covenants or tax equity structures. Most books are connected within 30 days.