Clearway completes financing of Community Solar Fund V
Clearway Energy Group has closed financing on its Community Solar Fund V - a diversified portfolio of 21 projects totaling 76 MWdc across Illinois, Massachusetts, Minnesota, and New York.
CIT acted as Coordinating Lead Arranger and Sole Bookrunner, while KeyBanc Capital Markets and Silicon Valley Bank served as Joint Lead Arrangers for the construction and term debt financing.
Clearway also arranged tax equity financing for the portfolio with an undisclosed party.
Most of the Community Solar Fund V projects are expected to be operational by 2020.
Country updates
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January 20, 2020
Arlington County, Amazon to purchase energy from 120 MW solar project of Dominion Energy
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January 20, 2020
LS Power finalizes EVgo acquisition
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January 17, 2020
Green Light for USD 1bn solar farm in USA
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January 17, 2020
Fortress divests 49.9% share in 485 MW Long Ridge Energy Terminal power plant in Hannibal
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January 16, 2020
TransAlta commissions 119 MW wind projects in Pennsylvania
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