Tag: financing
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OYA Renewables secures $27 million loan from City National Bank to support community solar
OYA Renewables has secured backing from City National Bank (CNB), a wholly owned U.S. subsidiary of Royal Bank of Canada, with a $27.1 million long-term loan facility. The funding will support four New York-based community solar projects that make up part of OYA’s 9 GW project pipeline In addition to the CNB loan, OYA also……
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Enel, Nestle invest in 208 MW Ganado solar project in Texas
Enel North America has partnered with Nestlé to be the sole tax equity investor for its 208 MWdc Ganado solar-plus-storage project in Jackson County, Texas. Nestlé will also purchase the renewable energy attributes from the entire output of the solar plant, helping advance the company’s efforts to create a more sustainable future and reduce greenhouse gas emissions across……
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Electriq Power secures $300M to deploy solar + storage in California with ‘major U.S. clean energy company’
Energy storage system integrator Electriq Power signed a multi-year agreement with a “major U.S. clean-energy company,” for more than than $300 million in financing to fund projects in California over the next 30 months, according to the company. The provider company, founded by one of the largest investors in clean energy infrastructure, provides a platform……
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Leeward closes financing for 200 MW Horizon solar project
Leeward Renewable Energy (LRE) has closed approximately $75 million in construction to term financing from MUFG Bank Ltd. and an approximately $105 million tax equity commitment from Wells Fargo for its Horizon solar facility in Frio County, Texas. The Horizon solar facility is currently under construction. Once completed, it will generate 200 MW of renewable……