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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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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When a California-based solar installation company sought a line of credit to help fund its growth, the company partnered with Republic Business Credit. Republic provided an asset-based line of credit on accounts receivable and inventory to the...
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August 31, 2023, 07:39 AM
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Greenbacker Capital Management (“GCM”), a leading renewable energy asset manager, announced that, through an affiliated investment vehicle, it has completed a $148 million tax equity financing commitment with RBC Community Investments. The...
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August 11, 2023, 07:00 AM
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First Citizens Bank's Energy Finance group, part of the CIT division, served as sole lead arranger on $211 million in financing for the 200-megawatt Oak Solar power plant in Gaston, North Carolina. SunEnergy1 LLC, based in Mooresville, North Carolina...
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July 26, 2023, 07:04 AM
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Natixis Corporate & Investment Banking (Natixis CIB) closed a US$364 million financing for a portfolio of a solar photovoltaic utility-scale and PMGD plants in Chile, owned and operated by Solek Holding SE (Solek) (the "Sponsor"). The portfolio has a...
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May 31, 2023, 07:55 AM
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Brookridge Funding completed a $5,000,000 Purchase Order Funding facilitiy for a Texas-based importer and distributor of solar panels. Broadridge introduced a factor to provide receivable financing. Brookridge Funding, a...
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May 03, 2023, 06:00 AM
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Capital One made a $90 million tax equity investment in the 120 megawatt (MW) Jackpot Solar project, which, upon completion, is expected to be the largest solar facility in Idaho. The sponsor, Duke Energy Renewables, is a leading U.S. developer of...
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April 10, 2023, 07:00 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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SolaREIT, a solar real estate investment fund, successfully closed on a revolving credit facility with Atlantic Union Bank (AUB). This line of credit provides the company with an additional $15 million of liquidity, and will allow SolaREIT™ to...
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February 01, 2023, 07:41 AM
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Altus Power closed on a revolving credit facility which provides the company with up to $200 million in financing to support its growth of assets and ability to serve additional customers with solar energy generation, storage and vehicle charging....
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December 21, 2022, 07:03 AM
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Birch Creek Development and Fundamental Renewables, an established provider of debt financing for renewable energy projects, announced an agreement in which Fundamental Renewables will increase its existing credit facility with Birch Creek to $250...
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July 06, 2022, 07:00 AM
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CIT, a division of First Citizens Bank, announced that its Power and Energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects.The borrower, Arches Solar LLC, a subsidiary of CleanCapital...
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February 18, 2022, 07:42 AM
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CIT, a division of First Citizens Bank, announced that its Power and Energy business served as lead arranger of $50.5 million in financing for construction of Amp's NY3 assets, a planned portfolio of new community solar installations in New York...
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January 20, 2022, 07:40 AM
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Rosenthal & Rosenthal upsized its recent inventory purchase commitment to support the production financing requirements of a California-based importer and distributor of solar panels, increasing the initial $30 million commitment to $60 million. The...
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December 14, 2021, 07:40 AM
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KKR announced the launch of Stellar Renewable Power (“Stellar”), a new platform that will source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source...
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December 10, 2021, 07:29 AM
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CIT Group's Power and Energy business led the refinancing of a $69 million portfolio of solar facilities owned and operated by Strata Clean Energy LLC, a leading integrated solar and storage energy service provider based in North Carolina. The...
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December 03, 2021, 07:45 AM
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CIT Group announced that its Power and Energy business served as coordinating lead arranger on nearly $210 million in financing for a solar project in Brazoria County, Texas.Located in the Greater Houston power market Brazoria West Solar Project is a...
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November 30, 2021, 07:49 AM
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Urban Grid, one of the largest U.S. greenfield renewable energy project developers, expanded and extended its partnership with Crayhill Capital Management, a New York-based, minority-owned private credit manager focused on asset-based investments in...
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October 12, 2021, 07:47 AM
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Natixis closed two separate financings in support of the Project Slate, a solar plus storage project being constructed in Kings County, California. Project Slate is owned by Goldman Sachs Renewable Power ("GSRP"), an investment company managed by the...
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August 23, 2021, 07:39 AM
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CIT Group's Power and Energy business served as lead arranger for $68.4 million in financing for the acquisition of Crane Solar, a 150-megawatt solar farm located in Crane County, Texas, and an adjacent 25-megawatt battery development.Starwood Energy...
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July 14, 2021, 08:00 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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CIT Group announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider based in North...
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January 14, 2021, 06:50 AM
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Sunpin Solar, a leading developer of commercial and utility-scale solar and energy storage projects, announced that it has closed a senior secured revolving loan facility (the “Facility”) for up to $50 million with Crayhill Capital Management LP...
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December 23, 2020, 08:55 AM
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CIT Group announced that its Power and Energy business served as coordinating lead arranger on a $151 million financing for the 250-megawatt Galloway I solar farm planned for Concho County, Texas.The financing was arranged on behalf of Skyline...
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October 30, 2020, 08:10 AM
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Greenworks Lending, a commercial PACE (C-PACE) capital provider, and CollectiveSun™, the nation's only company dedicated exclusively to helping nonprofits and tax-exempt organizations fund solar projects, announced a partnership designed to break...
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July 27, 2018, 07:00 AM
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Innergex Renewable Energy Inc. announced the acquisition of a sizable 250MWAC/315 MWDC photovoltaic solar project located in Winkler county, TX, United States from Longroad Energy Partners, LLC. Full notice to proceed with construction was issued and...
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July 05, 2018, 07:04 AM
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Solar Capital Ltd. announced that on July 31, 2017, it acquired NEF Holdings, LLC ("NEF"), which conducts its business through its wholly-owned subsidiary Nations Equipment Finance, LLC. NEF is an independent equipment finance company that provides...
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August 02, 2017, 07:20 AM
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Dividend Finance, LLC has partnered with Credit Suisse AG on a $100 million financing facility that will support the continued growth of Dividend’s residential solar lending business. "We are pleased to be working with Credit Suisse to further...
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July 26, 2017, 07:26 AM
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Sunnova Energy Corporation, a U.S. solar provider, announced it has raised aggregate capital of nearly $1 billion in the past three months after closing a $140 million round of debt funding with CIT Group and other investors this past week. Prior to...
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June 13, 2017, 07:45 AM
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SSG Capital Advisors, LLC acted as the investment banker to Verengo, Inc in the sale of substantially all of its assets to an affiliate of Crius Energy, LLC. The sale was effectuated through a Chapter 11 plan, which was approved by the U.S....
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June 07, 2017, 07:17 AM
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Vivint Solar, a leading full-service residential solar provider, announced that it has extended the term of the availability period for borrowing under its aggregation credit facility by an additional three years to March 2020 and the final maturity...
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March 13, 2017, 07:17 AM
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Hanwha Q CELLS Co. Ltd. (the "Company", or "Hanwha""), one of the world's largest photovoltaic manufacturer of high-quality, cost-competitive solar modules, announced that its U.S. entity has signed a $20 million three-year Senior Secured Revolving...
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March 16, 2015, 07:50 AM
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CIT Group announced that it arranged a $100 million senior secured credit facility for AWCC Holdings LLC, a subsidiary of American Wind Capital, to acquire a portfolio of land leases and lease royalties from solar projects from Hawaii to New York....
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September 18, 2013, 07:45 AM
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