Financing

FSI Acquires Stake in Terra-Gen from ECP

First State Investments (FSI), a global investor in infrastructure, and Energy Capital Partners (ECP), a power and renewables private equity investor, say FSI is...

Raptor Maps Raises Funds for Solar Software

Raptor Maps, a solar software company, has raised a $5 million Series A, co-led by Blue Bear Capital, Data Point Capital and Buoyant Ventures.  Other...

Leyline, Core Solar Partner to Develop Utility-Scale Solar Projects

Leyline Renewable Capital, a provider of pre-construction capital for renewable energy development, has entered into a financing arrangement with Core Solar LLC, a developer...

Verizon Enters Into Four Long-Term REPAs

Verizon Communications Inc. has entered into four more long-term renewable energy purchase agreements (REPAs) totaling more than 450 MW of renewable energy capacity as...

Pattern Energy Begins Construction on the Phoenix Solar Project

Pattern Energy Group LP, a privately-owned developer and operator of wind, solar, transmission and energy storage projects, has completed financing and has started construction...

Marathon Advises MRP on the Successful Sale of California Solar Project

Marathon Capital LLC, a financial advisory and investment banking firm, has advised the successful sale of the High Desert Solar Project (HDSI) on behalf...

Helios Infrastructure Buys Solar Portfolio from Cypress Creek Renewables

Helios Infrastructure, a joint venture between Nationwide and Sol Systems, has completed its project purchase from Cypress Creek Renewables. The $200+ million portfolio spans...

Swiss Technology Fund Awards WinJi a Loan Guarantee

WinJi, a Swiss start-up that developed the True Power renewable energy asset management platform, has been awarded a $2 million loan guarantee by the...

CIT Serves as Lead Arranger for East Blackland Solar Project

CIT Group Inc., a financial holding company, says its Power and Energy unit served as sole lead arranger on a $162 million financing for...

Northrop Grumman Agrees to Madison Solar Offtake Deal

Northrop Grumman Corp. has agreed to take the electricity generated at Madison Solar as well as the renewable energy credits, under long-term agreements.  Northrop Grumman...

Masdar, EDF Renewables Partner on Clean Energy Portfolio

EDF Renewables North America and Masdar, a global clean energy developer and a subsidiary of Mubadala Investment Co., have agreed to partner on Masdar’s...

DOE Funds Perovskite Solar Technologies Research

The U.S. Department of Energy (DOE) has announced $20 million in funding to advance perovskite solar photovoltaic technologies.  Perovskites are a family of materials with...

CIT Serves as Lead Arranger on Community Solar Financing

CIT Group Inc. says its Power and Energy business served as lead arranger for approximately $185 million in financing for a 66 MW portfolio...

PG&E Launches Financial Assistance Pilot for Home Storage Systems

Pacific Gas and Electric Company (PG&E) has launched a new financial assistance pilot for residential customers installing home battery storage systems through the statewide...

Kayne Anderson Capital Advisors Launches Renewable Infrastructure Fund

Kayne Anderson Capital Advisors LP, an alternative asset management firm with over $30 billion under management, has launched the Kayne Anderson Renewable Infrastructure Fund...

AES Makes Strategic Investment in 5B to Accelerate Solar Transition

The AES Corp., a global power company, has made a strategic investment in 5B, a solar technology innovator based in Sydney, Australia.  5B's MAVERICK design...

Direct Solar of America Enters LOI to Acquire Standard Eco Solar

SinglePoint Inc. says its majority-owned subsidiary, Direct Solar of America LLC, has entered into a letter of intent (LOI) to acquire Standard Eco Solar,...

sPower Closes on Spotsylvania Solar Energy Center Financing

sPower, a renewable energy independent power producer (IPP), has closed on the $700 million construction/term loan financing for the Spotsylvania Solar Energy Center in...

GSRP Acquires American Kings Solar Project

First Solar Inc. says Goldman Sachs Renewable Power LLC (GSRP), a private company managed by the Renewable Power Group of Goldman Sachs Asset Management...

Recurrent Energy Closes on Maplewood Solar Projects

Canadian Solar Inc. says its wholly-owned subsidiary, Recurrent Energy LLC, a utility-scale solar+storage project developer, has closed $282 million of debt financing to construct...

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