Solar that actually works for leased industrial and commercial buildings
A solar model build specifically for landlords and tenants
Most industrial rooftops don’t have solar — not because the economics don’t work, but because lease structures break traditional solar deals.
The problem isn’t solar.
The problem is how risk gets assigned.
Across industrial real estate and large tenants, we see the same issues over and over:
- Lease terms rarely align with solar contracts
- Tenants can’t sign 20–25 year PPAs
- Landlords won’t backstop tenant obligations
- Vacancy creates termination and stranded-asset risk
Result: Many great solar sites stay unused.
A Different Approach: the Indexed Solar Lease
ISL was designed from the ground up for leased industrial buildings.
Instead of forcing tenants or landlords into long-term fixed commitments, Enerlogics is able to execute Solar PPA’s co-terminus with a tenants lease eliminating termination risk. We sign long term roof and ground leases with landlords and manage tenant vacancy risk on our balance sheet rather than foisting it onto the landlord.
In simple terms:
Tenants get immediate savings without long-term PPA risk
Landlords unlock rooftop value without taking vacancy risk
Solar capital gets deployed where traditional structures fail
What makes ISL different
Indexed to utility rates
Solar economics move with power prices, not fixed contracts.
No tenant termination liability
ISL avoids the biggest blocker in lease negotiations.
Designed for NNN real estate
Built to coexist with lease terms, not fight them.
Flexible value sharing
Tenant savings and Landlord revenue is adjustable to support market dynamics.
Who ISL is built for
Landlords & Developers
Industrial REITs
Portfolio owners
Developers with leased assets
Tenants & Operators
Cold storage facilities
Logistics and distribution centers
Food & beverage operators
Large tenants leasing industrial space
If solar has been evaluated before and stalled, ISL is often the reason it works the second time.
How teams typically engage
You don’t need perfect data or a full commitment to start.
Most groups begin with:
A quick portfolio or site-level snapshot
A first-pass view of whether ISL fits their assets
A short conversation to compare structures
If ISL isn’t a fit, we’ll say so.
Interested in exploring whether ISL fits your facilities?
Request a quick ISL snapshot or introductory conversation.
We’ll help determine:
Whether ISL applies to your buildings
Where it creates value (and where it doesn’t)
What a realistic next step would look like