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CIT Serves as Co-Lead on $85MM in Financing for NineDot Energy
Friday, December 9, 2022

Lenders/Participants CIT Power & Energy [Coordinating Lead Arranger]
Structure Construction-to-Term Debt Financing
Amount $85.000 Million
Borrower(s) NineDot Energy LLC
Description NineDot Energy, a portfolio company of the global investment firm Carlyle Group Inc., will use the proceeds to develop 11 stand-alone battery storage projects totaling 43 megawatts of capacity across the Bronx, Staten Island, Queens and Long Island.
Industry Energy
Location NY
Related Tags CIT Power & Energy

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