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Meet Bill Rapp

NMLS ID # NMLS # 228246

William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.

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Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.

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Texas Grid Upgrade: Intersect Power Invests Big! 💰⚡🏜️

Clean Energy Boost with $837M Investment 🚀🔋🌞

Bill Rapp, Commercial Mortgage Broker

July 26, 2024•2 min read

Clean Energy Boost with $837M Investment 🚀🔋🌞

Great news for Texas! 🌟 Intersect Power has secured a whopping $837 million to supercharge the Electric Reliability Council of Texas (ERCOT) grid. This massive investment will bring three new battery storage power stations to the Lone Star State, bolstering energy capacity and ensuring a brighter, more reliable future for Texans. 🌞🔋

Powering Up with Battery Energy Storage Systems (BESS)

These battery storage stations, expected to be up and running within a year, will be managed by Tesla's cutting-edge real-time trading platform, Autobidder. 🌐💡 The trio of sites will collectively store up to 1 gigawatt of solar power—enough to power approximately 750,000 homes! 🏠🏠🏠

Strategically located to work alongside Intersect’s existing solar stations in Brown County and Scurry County, these new facilities will enhance the state's energy flexibility. 📈

A Vital Step in the Energy Transition

"Batteries will be a vital part of the energy transition and are the perfect complement to the billions of dollars of solar generation that we are building in California and Texas," said Sheldon Kimber, CEO and Founder of Intersect Power. This diversification allows Intersect to stabilize financial performance, benefiting from market volatility while shielding from low prices. 🔋📊

Big Names Backing Big Moves

The financing was provided by Deutsche Bank, HPS Investment Partners, and Morgan Stanley. With these heavyweights backing the project, Intersect Power is set to further its mission of renewable energy expansion. 🌍💸

Texas: The Perfect Power Playground

Texas, with its vast land, growing population, and robust energy demand, is an ideal market for renewable energy. "Texas is one of the most interesting markets in the country for renewables," Kimber told Utility Dive. 🌞🏜️

Looking Forward

With this investment, Texas continues to lead in renewable energy innovation. As the state pushes forward, these battery storage systems will provide essential backup power, especially during critical times, enhancing grid reliability and supporting the growing energy needs of Texans. 💪⚡

#CleanEnergy #TexasPower #RenewableEnergy #IntersectPower #Tesla #ERCOT #BatteryStorage #GreenFuture

I’m an experienced Commercial Real Estate Mortgage Broker, please feel free to reach me at 281-222-0433.

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Bill Rapp - Commercial & Residential Mortgage Broker

Whether you're a first-time homebuyer, a seasoned investor, or a business owner with ambitious plans, securing the right financing is crucial. At Medallion Funds, we take the guesswork out of mortgages, offering a comprehensive suite of residential and commercial loan options to fit your unique needs. Looking for Your Dream Home? We understand the excitement and challenges of navigating the residential real estate market. Our experienced mortgage brokers will guide you through every step, from pre-qualification to closing. We offer a variety of loan programs to suit your financial situation, including: • Fixed-rate mortgages: Offering stability with predictable monthly payments. • Adjustable-rate mortgages (ARMs): Providing competitive rates for a set period. • FHA loans: Making homeownership accessible with lower down payments. • VA loans: Rewarding veterans with attractive rates and flexible terms. Investing in Your Business Future? Growth often requires capital, and we can help you unlock the potential of your commercial property. Our brokers specialize in a wide range of commercial loan options, including: • Purchase loans: Financing the acquisition of new buildings or land. • Construction loans: Facilitating the development of your project. • Refinance loans: Restructuring your existing mortgage for better terms. • SBA loans: Providing access to government-backed financing for qualified businesses. The Medallion Funds Difference: We go beyond simply finding a loan. We take the time to understand your goals and develop a personalized strategy. Here's what sets us apart: • Expertise: Our brokers have a deep understanding of both residential and commercial lending. • Competitive Rates: We leverage our strong lender relationships to secure the best possible terms. • Streamlined Process: We handle the paperwork, keeping you informed every step of the way. • Exceptional Service: We're committed to providing you with a positive and stress-free experience. Ready to Take the First Step? Contact Medallion Funds today for a free consultation. Let's discuss your financing needs and help you achieve your dreams!

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Licensed to Do Business | NMLS # 228246

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Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014

Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/

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