debt financing

Indian PV developer Adani Green Energy has raised a US$1.35 billion debt package to initially support the construction of a 1.69GW hybrid portfolio of solar and wind projects in the state of Rajasthan.

US community solar provider Nexamp has closed a US$440 million credit facility for a 380MW portfolio of PV and energy storage assets.

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.