Xzeres has launched the Xzeres PowerLease financing program for its wind turbine customers.
The lease program will eliminate the upfront investment needed to purchase a turbine, allowing customers to reap the full benefits of wind power by extending a wind lease option with a 20-year payment term. Xzeres has established a wholly owned subsidiary, Xzeres Leasing Corp. (XLC), to manage the financing program and will provide the company with a 20 year recurring cash flow. This financing program will initially be offered in select US markets.
