SunEdison has secured a US$300 million credit facility from Deutsche Bank Securities and Rabobank to help fund its planned North American portfolio of utility and rooftop PV systems.
The three-year non-recourse credit facility is one of the largest ever issued for solar projects. Although the terms of the final agreement were not disclosed, the capital is available to SunEdison immediately.
This article requires Premium SubscriptionBasic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Already a subscriber? Sign In
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
SunEdison is continuing to look for further financial backing for its North American pipeline and even has additional lending opportunities within the Deutsche Bank-Rabobank facility. The company already has more than 500 solar energy systems, with a combined capacity of 300MW.
