Excelsior obtains NADBank debt to upgrade 20 MW El Centro solar project in California

The North American Development Bank (NADBank) and Sol Orchard Imperial 1, LLC executed a US$22.9 million loan increase to support capital investments, including replacement of all the inverters in the El Centro Solar Park, owned by Excelsior Energy Capital, in El Centro, California, to increase energy production.

The solar park began commercial operations on October 31, 2013, and has been in operation for more than seven years.