Birch Creek Energy, a utility scale solar and storage developer and independent power producer, and KKR, announced that Birch Creek has closed on a $150 million credit facility within KKR's High-Grade Asset-Based Finance (ABF) strategy via insurance...
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October 31, 2024, 07:10 AM
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Following a period of rapid growth, a Texas-based solar panel installation company sought a long-term funding partnership with Republic Business Credit. The company’s founder said, “We needed a team with expertise in the energy industry combined with...
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October 22, 2024, 07:15 AM
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Spruce Power Holding Corporation, a leading owner and operator of distributed solar energy assets across the United States, announced that certain of its subsidiaries have closed on a $130 million non-recourse debt facility (New Debt Facility)...
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July 03, 2024, 07:33 AM
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Recurrent Energy, a subsidiary of Canadian Solar and a global developer, owner, and operator of solar and energy storage assets, secured $513 million in project financing for its landmark Papago Storage project located in Maricopa County, Arizona....
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June 24, 2024, 07:37 AM
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Sunstone Credit, a commercial solar loan platform that helps businesses switch to clean energy, announced a program with M&T Bank to give more businesses access to easy, affordable solar financing.Despite the advantages and incentives for businesses...
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April 26, 2024, 07:00 AM
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iSun, Inc., a leading solar energy and clean mobility infrastructure company announced the closing of an $8.0 million senior secured loan with Decathlon Capital Partners to refinance in full the prior senior secured convertible facility which had...
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December 18, 2023, 07:43 AM
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Summit Ridge Energy, the nation's largest commercial solar company, announced a $275 million expansion of its existing partnership with MUFG. The capital will be used for both construction and term debt financing, enabling Summit Ridge Energy to...
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November 21, 2023, 07:40 AM
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Clifford Chance advised BBVA S.A., Intesa SanPaolo S.P.A., and MUFG Bank, LTD as lenders on a US$252 million construction to back-leverage project financing package to OPDEnergy for the construction of two solar photovoltaic electric generating...
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October 26, 2023, 06:00 AM
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First Solar announced that on June 30, 2023, it entered into a five-year revolving credit and guarantee facility for $1 billion. The facility includes up to $250 million which is available for the issuance of letters of credit. J.P. Morgan Chase Bank...
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July 07, 2023, 07:53 AM
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Origis Energy, one of America’s leading renewable energy platforms, closed an upsizing amendment to their development finance facility doubling capacity to $750 million. With enhanced flexibility and increased capacity, the credit facility will...
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March 08, 2023, 07:45 AM
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Heelstone Renewable Energy closed on a $175 million credit facility with BlackRock Alternatives (“BlackRock”), through a fund managed by its Infrastructure Debt business, to fund the initial construction and development of utility-scale solar and...
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March 01, 2023, 07:57 AM
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Primergy Solar, a leading developer, owner and operator of utility-scale solar, distributed solar and energy storage, announced the closing with Rabobank of a $75 million revolving credit facility with the option to increase up to $200 million. The...
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December 28, 2022, 07:20 AM
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Cypress Creek Renewables and Investec closed a $125 million debt facility to further fund the growth of Cypress Creek's solar and storage pipeline. The facility is the second of its kind that Cypress Creek and Investec have closed together.Investec...
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May 09, 2022, 06:00 AM
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LBC Credit Partners provided a senior secured credit facility to support the recapitalization of Unirac, Inc. by Tenex Capital Management. LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.Unirac is North America’s...
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September 22, 2021, 07:42 AM
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CIT Group's Power and Energy business served as coordinating lead arranger for approximately $200 million in financing for the 149-megawatt Big River solar power project in White County, Illinois. The project sponsor is D. E. Shaw Renewable...
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May 28, 2021, 07:37 AM
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CIT Group's Power and Energy business served as coordinating lead arranger on a $84 million financing for a new 140-megawatt solar farm in Fort Bend County, Texas.Cutlass Solar is a utility-scale project to be built about 40 miles southwest of...
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April 29, 2021, 07:20 AM
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SSG Capital Advisors acted as the investment banker to Utica Leaseco on the sale of the assets of Alta Devices (Alta) to Ubiquity Solar Inc. The assets included intellectual property, research and development, production equipment, and inventory. The...
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March 17, 2021, 08:00 AM
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Nexamp closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio spans five state markets and consists of nearly 100 community...
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March 08, 2021, 07:58 AM
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CIT Group Inc. announced its Power and Energy business served as sole coordinating lead arranger for a $225 million letter of credit facility on behalf of 8minute Solar Energy, a developer of renewable energy projects nationwide.8minute intends to...
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June 02, 2020, 09:15 AM
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PosiGen, the nation's leading provider of renewable energy and efficiency solutions for low-to-moderate income households, announced a credit facility structured and provided by LibreMax Capital, a New York based asset management firm, in conjunction...
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January 30, 2019, 08:00 AM
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Citizens Bank announced that Citizens Commercial Banking led a new credit facility for SunCommon, Vermont’s largest provider of residential, community and commercial solar systems. The funds will fuel growth after SunCommon’s acquisition of Rhinebeck...
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June 28, 2018, 07:05 AM
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Open Energy, a solar financing solutions provider, has launched the first lending exchange for commercial scale solar developers and installers. The Open Energy Finance Exchange gives developers access to more than $5 billion of U.S. solar...
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June 25, 2018, 07:08 AM
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CIT Group Inc., a provider of commercial lending and leasing services, announced that its Commercial Finance division's Energy Finance unit served as sole lead arranger and administrative agent for about $36 million in financing for Nordic Solar LLC...
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April 04, 2018, 07:22 AM
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Mercom Capital Group, llc, a clean energy research and communications firm, has released its 2017 Q4 and annual report on funding and merger and acquisition (M&A) activity for the solar sector.Total global corporate funding into the solar sector...
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January 16, 2018, 07:00 AM
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CIT Group Inc. announced that its Energy Finance business served as sole lead arranger and administrative agent for a $59.8 million construction and tax equity bridge loan and back-levered term loan facility to GCL New Energy Inc., a U.S. solar...
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March 27, 2017, 07:13 AM
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Vivint Solar, Inc., a full-service residential solar provider, announced today it has closed a fixed-rate, 18-year term debt facility with four institutional investors, totaling $203 million. The new debt facility is a fully amortizing loan that...
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January 12, 2017, 07:00 AM
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Mosaic, a leading provider of solar loan financing for homeowners, announced the closing of a $250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Together with recent upsizes to Mosaic's existing warehouse...
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November 22, 2016, 07:11 AM
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CIT Group announced that CIT Energy Finance served as lead arranger in a senior secured credit facility of up to $120 million for Sunlight Financial LLC, a provider of financing for the residential solar market. Sunlight Financial is backed by...
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September 25, 2015, 08:07 AM
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OneRoof Energy, Inc., a residential solar services provider and wholly owned subsidiary of OneRoof Energy Group, Inc., announced that New Resource Bank will provide approximately $2 million in debt financing to lower its cost of funds on a pool of...
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October 15, 2014, 06:49 AM
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Kawa Solar Holdings, Ltd. (the "Conergy Group"), one of the world's largest downstream solar companies, announced the closing of a $60 million bank guarantee facility for the company's rapidly growing solar projects business.Arranged by Deutsche Bank...
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July 08, 2014, 07:09 AM
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