sPower Secures $786 Million in Capital Commitments for Nine Solar Projects

게시됨 2016. 10. 10.
SPower 
sPower announced today the completion of a tax equity investment and syndicated construction and term loan facility totaling $786 million. KeyBanc Capital Markets Inc. acted as Coordinating Lead Arranger for the syndicated debt facility totaling $519 million. KeyBank N.A., CIT Bank N.A., CoBank ACB, Coöperatieve Rabobank U.A., Norddeutsche Landesbank Girozentrale (Nord/LB), Siemens Financial Services, Inc. and Wells Fargo Bank, N.A. were involved. The capital will be used to finance a group of nine solar projects which, when fully operational, will generate 339.4MW of renewable energy. While most of the projects are under construction, two recently achieved COD.

CohnReznick Capital Markets Securities (CRCMS) advised sPower on the tax equity investment. Stoel Rives LLP assisted sPower with the negotiation and documentation of the financing.

"With a company that is growing so quickly, recycling capital is incredibly important," said Ray Henger, sPower SVP structured finance. "Financing a large portfolio build out with a single tax equity provider and a syndicate of banks creates substantial efficiencies."

"sPower's relationships with leading tax equity and debt providers has provided valuable access to efficient capital," commented Ryan Creamer, sPower CEO. "Our financial partners have banked on our experience, relationships and track record of successfully bringing projects across the finish line."


제공: sPower
위 기사에 언급한 회사들의 ENF 프로필

SPower (솔라패널 설치): https://kr.enfsolar.com/spower-1
PV industry news is republished free of charge, please send your news to