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Feb 11, 2026 8:50 AM

SUNation Energy Enters Strategic Financing Agreement With Palmetto to Support Residential Solar Growth in 2026

RONKONKOMA, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- SUNation Energy Inc. (NASDAQ:SUNE) ("SUNation" or the "Company"), a leading provider of sustainable solar energy and backup power solutions for residential, commercial, and municipal customers, today announced that it has entered into a strategic financing agreement with Palmetto, a leading consumer energy platform, to leverage Palmetto's LightReach plan ("LightReach") to support the deployment of residential solar projects in 2026.

Under the agreement, Palmetto LightReach will provide lease and PPA (power purchase agreement) options designed to expand customer access to residential solar installations while improving project economics and cash flow efficiency for SUNation. The partnership is expected to support a broad range of residential solar installations, enabling homeowners to adopt clean energy solutions through predictable monthly payments.

"This agreement represents an important step in strengthening our residential financing platform as we enter the post-investment tax credit (ITC) landscape in 2026," said Scott Maskin, Founder and Chief Executive Officer of SUNation Energy. "By partnering with Palmetto, we are expanding access to affordable solar solutions for homeowners while positioning SUNation for continued growth and operational flexibility."

"We are pleased to partner with SUNation Energy, a proven residential solar operator with a strong presence in its ...