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CIT Leads $140MM Financing for California Solar Project
Wednesday, September 11, 2019

Lenders/Participants CIT Group [Coordinating Lead Arranger]
Structure Debt Financing
Amount $140.000 Million
Borrower(s) Allianz Global Investors
Description $140 million in debt financing to support construction of the Lotus Solar Farm, a 67-megawatt solar project in Madera, CA. Concurrent with financial close, the project was sold by 8minute Solar Energy to Allianz Global Investors. Transaction details not disclosed.
Industry Energy
Location CA
Related Tags CIT Group

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