debt financing

Distributed Solar Development closes US$300 million debt facility from Credit Suisse for C&I and distributed generation projects.

A round-up of the latest news from the US PV sector, as BlackRock acquires Distributed Solar Development, Cypress Creek closes US$200m of financing and Vanderbilt University moves towards 100% renewables.

Mainstream Renewable Power has reached financial close for the second phase of its 1.3GW Andes Renovables wind and solar power generation platform in Chile.

A round-up of the latest news from the US, where Dominion Energy acquires a solar facility in Virginia and BayWa r.e incorporates Generac’s PWRcell battery system to its distribution offering.

US independent power producer sPower has concluded financing for its largest project to date after securing a US$700 million construction/term loan.

NextEnergy Capital (NEC) has secured a “first-of-its-kind” debt financing from Santander as it continues its UK subsidy-free build-out.

Equity-and-debt mix from private equity giant and loan facility from banks will help Connecticut-based distributed solar firm take its asset portfolio upwards of US$1 billion.

Project will be realised under Ukraine’s 10-year feed-in tariff scheme and is expected to power up to 27,000 households.

Development duo share plans for US$41m of debt to back 55MW project in Gegharkunik province, to be built by Dutch-Spanish consortium.

Caisse de dépôt et placement du Québec will back over 100 projects with an initial £150m debt injection, with a possibility for further funding.