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News Stories (15 Results) - CIT Power & Energy

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