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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
CIT Arranges $225MM Letter of Credit Facility for 8minute Solar Energy
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Lenders/Participants
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CIT Group [Lead Arranger]
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Structure
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Letter of Credit Facility
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Amount
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$225.000
Million
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Borrower(s)
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8minute Solar Energy
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Description
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8minute intends to use the credit facility to arrange purchase power agreements and interconnection agreements associated with its development pipeline of solar and storage projects representing 18 gigawatts of power in California, Texas and the southwestern United States. Transaction details not disclosed.
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Industry
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Energy
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| Related Tags |
CIT Group, Solar
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ABL Advisor
Deal Tables
2024
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