Post Tagged with: "CIT Group"

Recurrent Energy breaks ground on 144-MW Pflugerville Solar Project in Texas

Recurrent Energy breaks ground on 144-MW Pflugerville Solar Project in Texas

August 19, 2020 at 9:46 am Comments are Disabled

Canadian Solar Inc. announced this week that its wholly-owned subsidiary, Recurrent Energy, LLC, commenced construction on the 144 megawatt alternative current Pflugerville Solar Project located in Travis County, Texas. The Pflugerville Solar Project is expected to create long-term permanent jobs to support the operation and maintenance of the power plant, asRead More

CIT arranges $185 million for Clearway Energy Group community solar portfolio

CIT arranges $185 million for Clearway Energy Group community solar portfolio

August 11, 2020 at 7:35 am Comments are Disabled

CIT Group Inc. announced that its Power and Energy business served as lead arranger for approximately $185 million in financing for a 66-megawatt portfolio of community solar projects. The financing was arranged on behalf of Clearway Energy Group, one of the largest developers and operators of clean energy generation facilitiesRead More

CIT leads financing on 112-MW North Carolina solar project

CIT leads financing on 112-MW North Carolina solar project

July 14, 2020 at 10:03 am Comments are Disabled

CIT Group Inc. announced that its Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts Mill Solar project in Edgecombe County, North Carolina. The project is owned by Kayne Anderson Capital Advisors L.P., a leading alternative investment manager, and marks their firstRead More

Solar Frontier Americas changes name to Idemitsu Renewables, nets financing for 80-MW solar project in Colorado

Solar Frontier Americas changes name to Idemitsu Renewables, nets financing for 80-MW solar project in Colorado

June 24, 2020 at 1:19 pm Comments are Disabled

Solar Frontier Americas (SFA), announced it is changing its name to Idemitsu Renewables. Idemitsu Renewables is the US-based renewable energy business of Idemitsu Kosan Co.,Ltd. (Idemitsu, pronounced “ee-deh-mee-tsu”), one of the largest energy companies in Japan, following the 2019 merger of Idemitsu and Showa Shell Sekiyu K.K. “The new nameRead More

CIT leads $140 million financing for esVolta utility-scale energy storage portfolio

CIT leads $140 million financing for esVolta utility-scale energy storage portfolio

February 24, 2020 at 3:41 pm Comments are Disabled

  CIT Group‘s Power and Energy business served as lead arranger for a $140 million financing for esVolta, a leading developer of utility-scale energy storage systems for renewable energy projects. The portfolio consists of more than 136 megawatts of energy storage units supporting eight energy projects in California. esVolta hasRead More

CIT Group leads on financing this New York community solar portfolio

CIT Group leads on financing this New York community solar portfolio

January 27, 2020 at 12:11 pm 1 comment

CIT Group’s Power and Energy unit served as sole lead arranger on a $42.8 million in debt financing to support NY Solar Farms, a 70-megawatt community solar portfolio located in central and northeastern New York State. The solar portfolio – one of the largest of its type comprising 10 projectsRead More

CIT Group leads $416 million financing for gigantic solar project in Texas that has Facebook as a key investor

CIT Group leads $416 million financing for gigantic solar project in Texas that has Facebook as a key investor

May 30, 2019 at 1:30 pm Comments are Disabled

Insert requisite “everything is bigger in Texas!” line here. CIT Group’s Power & Energy business coordinated a $416 million debt financing to support Longroad Energy’s 379-megawatt Prospero solar facility to be built in Andrews County, Texas. Since its founding, Longroad has fully developed approximately 1,000 MW of wind and solarRead More

CIT Group finances nine community solar gardens in Minnesota, developed by Nordic Solar

CIT Group finances nine community solar gardens in Minnesota, developed by Nordic Solar

April 4, 2018 at 9:43 am Comments are Disabled

The Energy Finance unit of CIT Group‘s Commercial Finance division served as sole lead arranger and administrative agent for about $36 million in financing for Nordic Solar LLC, a developer and owner of solar energy facilities, to support the operation of a newly constructed portfolio of nine community solar garden projectsRead More