SAN JOSE, CA-Trepp LLC has rounded out the Series A financing for Mercatus Inc., making an investment in the locally based solar energy investment analysis and decision making platform. Headquartered in New York City with offices in San Francisco, CMBS analytics provider Trepp joins other Series A investors including Vision Ridge Partners, Augment Ventures and Shah Capital.

“As Wall Street begins to eye the industry as an emerging asset class, a sophisticated enterprise platform solution for end-to-end investment analysis, due diligence, underwriting and securitization will be needed across the growing residential and commercial investor segments to help the industry reach its full potential," says Haresh Patel, CEO of Mercatus. He adds that to date, Mercatus has provided credit and risk ratings to more than 1,400 commercial and industrial projects.

The Mercatus platform and process relies on a database and analytics engine consisting of over 10 gigawatts of commercial, industrial and utility distributed generation solar assets. This cumulative database tracks 570 unique attributes on each project for what the company says is the broadest pre-investment dataset available.

"Trepp's investment in Mercatus is the result of our extensive research into the growing market for comprehensive data and real-time market intelligence for investment in solar energy assets," says Trepp COO Dan Gottlieb, who is now a board member of Mercatus. "As with Trepp's CMBS, banking and other CRE research, Trepp anticipates being able to help support expanding the availability of Mercatus' non-proprietary data collected in its platform to help accelerate the entry and scale of the capital markets continuing to invest in the solar asset class."

Instant Insights /

Trepp Buys Into Solar Energy Analysis Platform

Related Stories

Recommended For You