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News Stories (19 Results) - Solar Energy

Primergy Solar, a leading developer, owner and operator of utility-scale solar, distributed solar and energy storage, announced the closing with Rabobank of a $75 million revolving credit facility with the option to increase up to $200 million. The... Read Story
December 28, 2022, 07:20 AM

Cypress Creek Renewables and Investec closed a $125 million debt facility to further fund the growth of Cypress Creek's solar and storage pipeline. The facility is the second of its kind that Cypress Creek and Investec have closed together.Investec... Read Story
May 09, 2022, 06:00 AM

LBC Credit Partners provided a senior secured credit facility to support the recapitalization of Unirac, Inc. by Tenex Capital Management. LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.Unirac is North America’s... Read Story
September 22, 2021, 07:42 AM

CIT Group's Power and Energy business served as coordinating lead arranger for approximately $200 million in financing for the 149-megawatt Big River solar power project in White County, Illinois. The project sponsor is D. E. Shaw Renewable... Read Story
May 28, 2021, 07:37 AM

CIT Group's Power and Energy business served as coordinating lead arranger on a $84 million financing for a new 140-megawatt solar farm in Fort Bend County, Texas.Cutlass Solar is a utility-scale project to be built about 40 miles southwest of... Read Story
April 29, 2021, 07:20 AM

SSG Capital Advisors acted as the investment banker to Utica Leaseco on the sale of the assets of Alta Devices (Alta) to Ubiquity Solar Inc. The assets included intellectual property, research and development, production equipment, and inventory. The... Read Story
March 17, 2021, 08:00 AM

Nexamp closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio spans five state markets and consists of nearly 100 community... Read Story
March 08, 2021, 07:58 AM

CIT Group Inc. announced its Power and Energy business served as sole coordinating lead arranger for a $225 million letter of credit facility on behalf of 8minute Solar Energy, a developer of renewable energy projects nationwide.8minute intends to... Read Story
June 02, 2020, 09:15 AM

PosiGen, the nation's leading provider of renewable energy and efficiency solutions for low-to-moderate income households, announced a credit facility structured and provided by LibreMax Capital, a New York based asset management firm, in conjunction... Read Story
January 30, 2019, 08:00 AM

Citizens Bank announced that Citizens Commercial Banking led a new credit facility for SunCommon, Vermont’s largest provider of residential, community and commercial solar systems. The funds will fuel growth after SunCommon’s acquisition of Rhinebeck... Read Story
June 28, 2018, 07:05 AM

Open Energy, a solar financing solutions provider, has launched the first lending exchange for commercial scale solar developers and installers.   The Open Energy Finance Exchange gives developers access to more than $5 billion of U.S. solar... Read Story
June 25, 2018, 07:08 AM

CIT Group Inc., a provider of commercial lending and leasing services, announced that its Commercial Finance division's Energy Finance unit served as sole lead arranger and administrative agent for about $36 million in financing for Nordic Solar LLC... Read Story
April 04, 2018, 07:22 AM

Mercom Capital Group, llc, a clean energy research and communications firm, has released its 2017 Q4 and annual report on funding and merger and acquisition (M&A) activity for the solar sector.Total global corporate funding into the solar sector... Read Story
January 16, 2018, 07:00 AM

CIT Group Inc. announced that its Energy Finance business served as sole lead arranger and administrative agent for a $59.8 million construction and tax equity bridge loan and back-levered term loan facility to GCL New Energy Inc., a U.S. solar... Read Story
March 27, 2017, 07:13 AM

Vivint Solar, Inc., a full-service residential solar provider, announced today it has closed a fixed-rate, 18-year term debt facility with four institutional investors, totaling $203 million. The new debt facility is a fully amortizing loan that... Read Story
January 12, 2017, 07:00 AM

Mosaic, a leading provider of solar loan financing for homeowners, announced the closing of a $250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Together with recent upsizes to Mosaic's existing warehouse... Read Story
November 22, 2016, 07:11 AM

CIT Group announced that CIT Energy Finance served as lead arranger in a senior secured credit facility of up to $120 million for Sunlight Financial LLC, a provider of financing for the residential solar market. Sunlight Financial is backed by... Read Story
September 25, 2015, 08:07 AM

OneRoof Energy, Inc., a residential solar services provider and wholly owned subsidiary of OneRoof Energy Group, Inc., announced that New Resource Bank will provide approximately $2 million in debt financing to lower its cost of funds on a pool of... Read Story
October 15, 2014, 06:49 AM

Kawa Solar Holdings, Ltd. (the "Conergy Group"), one of the world's largest downstream solar companies, announced the closing of a $60 million bank guarantee facility for the company's rapidly growing solar projects business.Arranged by Deutsche Bank... Read Story
July 08, 2014, 07:09 AM