The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Nexus Renewables Closes $5MM Financing Facility with Scale Microgrid Solutions
Friday, September 23, 2022
Lenders/Participants
|
Scale Microgrid Solutions [Lender]
|
Structure
|
Asset-backed Credit Facility
|
Amount
|
$5.000
Million
|
Borrower(s)
|
Nexus Renewables
|
Description
|
Nexus will use proceeds of the financing to advance 100+ MW of late-stage distribution-scale solar and energy storage projects to notice-to-proceed. In aggregate, these projects will provide enough electricity to meet the needs of more than 150,000 homes, thereby helping to avoid 120,000 tonnes of CO2 emissions from fossil fuels.
|
Industry
|
Energy
|
ABL Advisor
Deal Tables
2024
|
|
|
|