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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Summit Ridge Energy and Bank of America Close $305MM Credit Facility for Solar Portfolio
Monday, September 15, 2025
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Lenders/Participants
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Bank of America [Structuring Agent, Syndication Agent, Coordinating Lead Arranger, Administrative Agent]
KeyBanc Capital Markets [Coordinating Lead Arranger]
ING Capital [Coordinating Lead Arranger]
ING Capital [Green Loan Structuring Agent]
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Structure
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$281MM Term Loan; $24MM L/C Facility
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Amount
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$305.000
Million
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Borrower(s)
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Summit Ridge Energy
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Description
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The financing package, which includes a $281 million term loan and a $24 million letter of credit facility, will provide term financing for the portfolio. The projects are expected to deliver reliable energy savings to 5,000 households and businesses, while generating significant local tax revenue and creating 3,000 jobs in construction, engineering, and long-term operations.
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Industry
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Energy
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| Related Tags |
Bank of America, Summit Ridge Energy
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ABL Advisor
Deal Tables
2026
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