Innergex Renewable Energy has closed construction financing, a tax equity commitment, and secured a seven-year term loan facility for the 200-MW Hillcrest solar project in Brown County, Ohio. The $191.8 million financing was led by CIT’s Power and Energy group and includes MUFG and Mizuho, as well as Wells Fargo as the tax equity investor. […]
CIT Leads $140 Million Financing for California Solar Project
NEW YORK: CIT Group Inc. (NYSE: CIT) today announced its Power and Energy business served as coordinating lead arranger for $140 million in debt financing to support construction of the Lotus Solar Farm, a 67-megawatt solar project in Madera, California. Concurrent with financial close, the project was sold by 8minute Solar Energy to Allianz Global […]
CIT leads $204.5 million financing for 200-MW Texas solar project
CIT Group Inc on Wednesday announced its power and energy business served as coordinating lead arranger for $204.5 million in debt financing to support construction of Holstein Solar, a 200-megawatt solar farm to be built in Nolan County, Texas. Concurrent with financial close, the project was sold by 8minute Solar Energy to Duke Energy Renewables. […]
CIT Leads $204.5 Million Financing for Major New Texas Solar Project
NEW YORK: CIT Group Inc. (NYSE: CIT) today announced its Power and Energy business served as coordinating lead arranger for $204.5 million in debt financing to support construction of Holstein Solar, a 200-megawatt solar farm to be built in Nolan County, Texas. Concurrent with financial close, the project was sold by 8minute Solar Energy to […]
CIT Leads $416 Million Financing for Major New Solar Project
Planned 379-megawatt solar facility will become one of the largest in Texas NEW YORK: CIT Group Inc. (NYSE: CIT) today announced that its Power & Energy business served as the coordinating lead arranger on a $416 million debt financing supporting Longroad Energy’s 379-megawatt Prospero solar facility to be built in Andrews County, Texas. Founded in […]