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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
CIT Serves as Co-Lead on $85MM in Financing for NineDot Energy
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Lenders/Participants
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CIT Power & Energy [Coordinating Lead Arranger]
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Structure
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Construction-to-Term Debt Financing
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Amount
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$85.000
Million
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Borrower(s)
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NineDot Energy LLC
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Description
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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.
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Industry
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Energy
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Location
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NY
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| Related Tags |
CIT Power & Energy
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ABL Advisor
Deal Tables
2024
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