Financing

NYPSC Extends Net Metering for Solar Customers Due to COVID

The New York Public Service Commission (NYPSC) has signaled that it will extend net metering through January 2022 for current customers based on the...

CIT Serves as Lead Arranger for Harts Mill Solar Project

CIT Group Inc. says its Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts Mill Solar...

Sunrun Enters Definitive Agreement to Acquire Vivint Solar

Sunrun, a provider of residential solar, battery storage and energy services, and Vivint Solar, a full-service residential solar provider, have entered into a definitive...

The Moving Forward Act Moves Forward to the Senate

The House of Representatives has passed the H.R.2, the Moving Forward Act, a $1.5 trillion infrastructure bill that is aimed at improving the country’s...

Duke Energy Florida Files Proposed CEC Program

Duke Energy Florida (DEF) has filed a proposed new Clean Energy Connection (CEC) Program with the Florida Public Service Commission. The announcement is the...

Hannon Armstrong, ENGIE Partner to Invest in Solar Projects

Hannon Armstrong Sustainable Infrastructure Capital Inc., an investor in climate change solutions, has formed a partnership with a subsidiary of ENGIE S.A., an independent...

Idemitsu Renewables Closes on Debt Financing for California Solar Project

Idemitsu Renewables, a U.S.-based renewable energy business of Idemitsu Kosan Co. Ltd., has closed on debt financing for its 50 MWp Central 40 solar...

Vivint Solar Secures Tax Equity Financing Commitments

Vivint Solar, a full-service residential solar provider, has secured $300 million in new tax equity financing commitments from two repeat investors to support the...

Amazon Unveils Climate Pledge Fund to Invest in Decarbonizing the Economy

Amazon has launched The Climate Pledge Fund to support the development of sustainable technologies and services that will enable Amazon and other companies to...

CIP Reaches First Close on CI IV Renewable Investment

Copenhagen Infrastructure Partners (CIP), a Danish fund management company that specializes in investing in the energy infrastructure sector, has reached a €1.5 billion first...

Loanpal Reopens Renewable Credit Markets Post COVID-19

Loanpal, a company that specializes in residential solar financing, says Goldman Sachs has priced securitizations of $459 million worth of Loanpal solar loans previously...

CIT Group Arranges Letter of Credit Facility for 8minute Solar

CIT Group Inc., a financial holding company, says its power and energy business served as sole coordinating lead arranger for a $225 million letter...

COVID-19 Strangles Global Energy Investment

The COVID-19 pandemic has caused the largest drop in global energy investment in history, with spending expected to plunge in every major sector this...

Spruce Finance Purchases Clearway Energy’s Solar Assets Portfolio

Spruce Finance, a U.S.-based private owner and operator of distributed generation solar residential assets., has bought Clearway Energy’s entire portfolio of residential solar assets....

COVID-19 Continues to Wreak Havoc on Clean Energy Jobs

Nearly 600,000 U.S. clean energy workers have lost their jobs since the beginning of the COVID-19 pandemic after 447,208 new workers filed unemployment claims...

BLM, DOI Issue Final Record of Decision for Gemini Solar+Storage Project

Quinbrook Infrastructure Partners, a specialist global investment manager focused exclusively on lower carbon and renewable energy infrastructure investment and operational asset management, says the...

SunPower Secures $1 Billion in Solar+Storage Financing

SunPower Corp. has entered into a new $1 billion partnership with Technology Credit Union (Tech CU) that will increase financing options for qualified U.S....

BayWa r.e. Secures Financing for U.S. Solar Development

BayWa r.e., a global renewable energy developer, service provider and distributor, has secured tax equity and construction financing for its Fern Solar project in...

Philadelphia Reopens Solarize Philly Program

The Philadelphia Energy Authority (PEA) has reopened Solarize Philly, a program to help all Philadelphians go solar.  Solarize Philly is the nation's largest program of...

Verizon Enters Renewable Energy Purchase Agreements

Verizon Communications Inc. has entered into long-term renewable energy purchase agreements with Clearway Energy Group and Invenergy. These agreements, which are virtual power purchase...

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