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News Stories (21 Results) - CIT Power & Energy

CIT, a division of First Citizens Bank, announced that its Power and Energy business served as coordinating lead arranger on $714 million in financing for a portfolio of thermal generation assets in California. The proceeds were used to refinance a 1... Read Story
May 12, 2022, 07:55 AM


CIT, a division of First Citizens Bank, announced that its Power and Energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects.The borrower, Arches Solar LLC, a subsidiary of CleanCapital... Read Story
February 18, 2022, 07:42 AM


CIT, a division of First Citizens Bank, announced that its Power and Energy business served as lead arranger of $50.5 million in financing for construction of Amp's NY3 assets, a planned portfolio of new community solar installations in New York... Read Story
January 20, 2022, 07:40 AM


CIT Group's Power and Energy business led the refinancing of a $69 million portfolio of solar facilities owned and operated by Strata Clean Energy LLC, a leading integrated solar and storage energy service provider based in North Carolina. The... Read Story
December 03, 2021, 07:45 AM


CIT Group announced that its Power and Energy business served as coordinating lead arranger on nearly $210 million in financing for a solar project in Brazoria County, Texas.Located in the Greater Houston power market Brazoria West Solar Project is a... Read Story
November 30, 2021, 07:49 AM


CIT Group announced that its Power and Energy business served as sole lead arranger for $67.8 million in financing for construction of the new AMP NY2 community solar and storage portfolio. CIT led the financing on behalf of Amp Energy, which is... Read Story
November 01, 2021, 08:02 AM


CIT Group's Power and Energy business served as lead arranger for $68.4 million in financing for the acquisition of Crane Solar, a 150-megawatt solar farm located in Crane County, Texas, and an adjacent 25-megawatt battery development.Starwood Energy... Read Story
July 14, 2021, 08:00 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


CIT Group announced that its Power and Energy business served as a co-lead arranger on a $93.3 million financing for a portfolio of six battery energy storage systems located in Texas. The battery energy storage systems (BESS) are owned by Key... Read Story
February 12, 2021, 07:15 AM


CIT Group announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated  solar and storage energy service provider based in North... Read Story
January 14, 2021, 06:50 AM


CIT Group announced that its Power and Energy business served as coordinating lead arranger on a $323 million refinancing of the Coso Geothermal power facility in Southern California.Originally developed in 1987, the 142-megawatt Coso Geothermal... Read Story
December 15, 2020, 08:10 AM


CIT Group announced that its Power and Energy business served as coordinating lead arranger on a $151 million financing for the 250-megawatt Galloway I solar farm planned for Concho County, Texas.The financing was arranged on behalf of Skyline... Read Story
October 30, 2020, 08:10 AM


CIT Group Inc. announced its Power and Energy business was named Renewable Energy Lead Arranger of the Year by Power Finance & Risk, a top publication covering the energy project finance industry.CIT’s Power and Energy business was selected by the... Read Story
September 09, 2020, 09:05 AM


CIT Group announced that its Power and Energy business served as coordinating lead arranger on a $266 million financing for Longroad Energy’s 331-megawatt Prospero 2 solar project in Andrews County, Texas.A leader in renewable energy project... Read Story
August 27, 2020, 08:00 AM


CIT Group Inc. announced its Power and Energy unit served as sole lead arranger on a $162 million financing for the East Blackland Solar Project in Travis County, TX.The financing was arranged on behalf of Recurrent Energy LLC, a wholly owned... Read Story
August 19, 2020, 09:00 AM


CIT Group Inc. announced its Power and Energy business served as lead arranger for approximately $185 million in financing for a 66-megawatt portfolio of community solar projects.The financing was arranged on behalf of Clearway Energy Group, one of... Read Story
August 11, 2020, 08:45 AM


CIT Group Inc. announced that its Power and Energy unit served as lead arranger on a $126 million financing for the 108-megawatt (MW) direct current Trent River Solar project in Pollocksville, NC.The financing was arranged on behalf of solar project... Read Story
July 17, 2020, 08:55 AM


CIT Group Inc. announced that its Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts Mill Solar project in Edgecombe County, North Carolina.The project is owned by Kayne Anderson Capital... Read Story
July 08, 2020, 09:00 AM


CIT Group Inc. announced that its Power and Energy unit served as sole lead arranger on an $85 million financing for the 80-megawatt Pioneer Solar project near Denver, Colorado.The financing was arranged on behalf of project sponsor Idemitsu... Read Story
June 25, 2020, 08:00 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