Cypress Creek Renewables has closed a seven-year, US$200 million debt financing for the holding company that owns Cypress Creek’s 1.6 gigawatt (GW) portfolio of operating solar energy projects. The facility finances a portfolio comprised of more than 200 solar and storage projects across 13 states.
Investec Power and Infrastructure Finance – North America (Investec) acted as sole bookrunner, coordinating lead arranger, and administrative agent on the transaction.
In addition to Investec, other joint lead arrangers for the transaction included Credit Agricole, East West Bank, and Silicon Valley Bank. Cypress Creek was represented by Kirkland & Ellis LLP as its lead transaction counsel. The lenders were represented by Milbank as transaction counsel.
US Solar Fund Plc has finally commissioned the last project that is part of its solar portfolio, the 128 MWdc Milford solar photovoltaic facility located in Utah. USF records up to US$4 million...
Read moreApex Clean Energy has secured the development approval from the Virginia Department of Environmental Quality for the development of the 75 MW wind project in Botetourt County. Virginia reg...
Read moreCapital Dynamics's Clean Energy Infrastructure (CEI) business has completed the acquisition of three solar photovoltaic (PV) projects from LS Power. Simultaneously, CEI completed the placement of over...
Read moreBoralex Inc. has entered into binding agreements with Centaurus Renewable Energy LLC (CRE) and certain other investors to acquire their controlling interests in seven solar plants, located in the Unit...
Read moreBroad Reach Power has completed the acquisition of the 25 megawatts (MW)/100 megawatt-hour (MWh) front-of-the-meter Cascade Energy Storage project located outside of Stockton, California from a s...
Read more