Sunstone Credit, a commercial solar loan platform that helps businesses switch to clean energy, announced a program with M&T Bank to give more businesses access to easy, affordable solar financing.Despite the advantages and incentives for businesses...
Read Story
April 26, 2024, 07:18 AM
|
Summit Ridge Energy, the nation's largest commercial solar company, announced a $275 million expansion of its existing partnership with MUFG. The capital will be used for both construction and term debt financing, enabling Summit Ridge Energy to...
Read Story
November 22, 2023, 07:06 AM
|
First Citizens Bank announced its Energy Finance group, part of the CIT division, served as sole lead arranger on $211 million in financing for the 200-megawatt Oak Solar power plant in Gaston, NC.SunEnergy1 LLC, based in Mooresville, NC, plans to...
Read Story
July 26, 2023, 07:05 AM
|
First Solar announced that on June 30, 2023, it entered into a five-year revolving credit and guarantee facility for $1 billion. The facility includes up to $250 million which is available for the issuance of letters of credit. J.P. Morgan Chase Bank...
Read Story
July 10, 2023, 07:00 AM
|
TIGI Solar, an Israeli provider of renewable heat generation and storage solutions and services, and Solid Solar Energy Systems from Austria, a global player in the renewable heat domain, have partnered on a project to build and operate a large-scale...
Read Story
June 15, 2023, 07:23 AM
|
Primergy Solar, a leading developer, owner and operator of utility-scale solar, distributed solar and energy storage, announced the closing with Rabobank of a $75 million revolving credit facility with the option to increase up to $200 million. The...
Read Story
December 29, 2022, 07:03 AM
|
CIT, a division of First Citizens Bank,vannounced that its Power and Energy business served as coordinating lead arranger of construction financing for a major new solar energy project in Texas. Avantus (formerly 8minute) is the developer of...
Read Story
November 04, 2022, 07:21 AM
|
Greenbacker Renewable Energy Company entered into a senior credit agreement of $186.2 million with KeyBank and Fifth Third Bank. KeyBank served as administrative agent for the lenders, and KeyBanc Capital Markets and Fifth Third Bank served as joint...
Read Story
September 19, 2022, 07:00 AM
|
Origis Energy announced the close of a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund...
Read Story
May 04, 2022, 07:20 AM
|
Cross River Bank, a technology driven infrastructure provider that offers embedded financial solutions, and Sunstone Credit, Inc., a technology-enabled solar loan finance platform for small and medium-sized businesses (SMBs), announced a partnership...
Read Story
February 25, 2022, 07:05 AM
|
CIT, a division of First Citizens Bank, announced its Power and Energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects.The borrower, Arches Solar LLC, a subsidiary of CleanCapital, owns...
Read Story
February 18, 2022, 07:18 AM
|
CIT, a division of First Citizens Bank, announced its Power and Energy business served as lead arranger of $50.5 million in financing for construction of Amp’s NY3 assets, a planned portfolio of new community solar installations in New York State.CIT...
Read Story
January 24, 2022, 07:15 AM
|
KKR, a global investment firm, announced the launch of Stellar Renewable Power, a new platform that will source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s asset-based finance (ABF) strategy. Stellar will...
Read Story
December 09, 2021, 07:22 AM
|
National Grid Renewables announced the closing of $98 million in tax equity financing from Bank of America to support its Prairie Wolf Solar Project. Prairie Wolf is a 200-megawatt (MW) solar energy project located in the Midcontinent Independent...
Read Story
December 08, 2021, 07:00 AM
|
CIT Group Inc. announced its Power and Energy business led the refinancing of a $69 million portfolio of solar facilities owned and operated by Strata Clean Energy LLC, an integrated solar and storage energy service provider based in North...
Read Story
December 03, 2021, 07:12 AM
|
CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger on nearly $210 million in financing for a solar project in Brazoria County, TX. Located in the Greater Houston power market, Brazoria West Solar Project is a...
Read Story
November 30, 2021, 07:15 AM
|
CIT Group Inc. announced that its Power and Energy business served as sole lead arranger for $67.8 million in financing for construction of the new AMP NY2 community solar and storage portfolio.CIT led the financing on behalf of Amp Energy, which is...
Read Story
November 01, 2021, 07:16 AM
|
CIT Group Inc. announced its Power and Energy business served as lead arranger for $68.4 million in financing for the acquisition of Crane Solar, a 150-megawatt solar farm located in Crane County, TX, and an adjacent 25-megawatt battery...
Read Story
July 14, 2021, 07:06 AM
|
Secure Futures Solar has signed an agreement with Alerion RE, LLC, to provide up to $25 million in equity financing to develop, own and operate solar power projects in Virginia, West Virginia and North Carolina. Solar projects will include K-12...
Read Story
June 28, 2021, 07:05 AM
|
CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger for approximately $200 million in financing for the 149-megawatt Big River solar power project in White County, IL.The project sponsor is D. E. Shaw Renewable...
Read Story
May 28, 2021, 07:22 AM
|
Greenbacker Renewable Energy Company LLC (GREC), an owner and operator of sustainable infrastructure and energy efficiency projects, announced that, through a wholly owned subsidiary, it purchased an approximately 10 MWdc portfolio of pre-operational...
Read Story
April 12, 2021, 07:18 AM
|
Expanding its growing portfolio, Standard Solar, Inc., a nationally recognized leader in the development, funding, ownership and operation of commercial and community solar assets, announced the financing and operation of 17 community solar projects...
Read Story
February 04, 2021, 07:05 AM
|
CIT Group Inc. announced its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider based in North Carolina.The...
Read Story
January 14, 2021, 06:55 AM
|
CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, TX.7X Energy is a...
Read Story
December 10, 2020, 07:15 AM
|
CIT Group announced its Power and Energy business served as coordinating lead arranger on a $151 million financing for the 250-megawatt Galloway I solar farm planned for Concho County, TX.The financing was arranged on behalf of Skyline Renewables and...
Read Story
October 30, 2020, 07:04 AM
|
CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger on a $266 million financing for Longroad Energy’s 331-megawatt Prospero 2 solar project in Andrews County, Texas.A leader in renewable energy project...
Read Story
August 27, 2020, 07:20 AM
|
CIT Group Inc. announced its Power and Energy unit served as sole lead arranger on a $162 million financing for the East Blackland Solar Project in Travis County, TX.The financing was arranged on behalf of Recurrent Energy LLC, a wholly owned...
Read Story
August 19, 2020, 07:20 AM
|
CIT Group Inc. announced 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...
Read Story
August 11, 2020, 07:20 AM
|
CIT Group Inc. announced that its Power and Energy unit served as lead arranger on a $126 million financing for the 108-megawatt (MW) direct current Trent River Solar project in Pollocksville, NC.The financing was arranged on behalf of solar project...
Read Story
July 17, 2020, 07:20 AM
|
CIT Group Inc. announced 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, NC.The project is owned by Kayne Anderson Capital Advisors L.P., a...
Read Story
July 08, 2020, 07:09 AM
|
SunPower Corp. announced the closing on a new program with Bank of the West that will provide SunPower Commercial dealers a new financing option as part of a one-stop-shop complete solution. Bank of the West contracts and servicing will be...
Read Story
June 18, 2020, 07:21 AM
|
CIT Group Inc. announced its Power and Energy business served as sole coordinating lead arranger for a $225 million letter of credit facility on behalf of 8minute Solar Energy, a developer of renewable energy projects nationwide.8minute intends to...
Read Story
June 02, 2020, 07:15 AM
|
CIT Group Inc. announced its Power and Energy unit served as lead arranger on a $217 million financing for the 200-megawatt Hillcrest solar photovoltaic project in Brown County, Ohio.The financing was arranged on behalf of Innergex Renewable Energy...
Read Story
May 08, 2020, 07:25 AM
|
CIT Group Inc. announced its 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...
Read Story
January 28, 2020, 07:10 AM
|
CIT Group Inc. announced its Power and Energy unit arranged approximately $200 million in financing for a 76-megawatt portfolio of community solar projects in four states.The financing was arranged on behalf of Clearway Energy Group, one of the...
Read Story
January 22, 2020, 07:20 AM
|
Greenbacker Renewable Energy Company LLC announced that, through a wholly-owned subsidiary, it signed the rights to purchase a 27.7 MWdc, 14 project solar portfolio from Encore Renewable Energy and closed a $4 million equipment loan facility with...
Read Story
December 11, 2019, 07:12 AM
|
Crestmark announced the appointment of Jon Ellis as Vice President, Renewable Energy. Based in North Carolina, he will report to Crestmark President Mick Goik. With the addition of Ellis, Crestmark strategically increases a company focus on financing...
Read Story
September 19, 2019, 07:24 AM
|
CIT Group Inc. 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, CA. Concurrent with financial close...
Read Story
September 11, 2019, 07:20 AM
|
CIT Group Inc. 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, TX. Concurrent with...
Read Story
July 24, 2019, 06:15 AM
|
CIT Group Inc. announced 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, TX.Founded in 2016 and...
Read Story
May 31, 2019, 07:24 AM
|
Crestmark Executive Vice President Larry Pearce announced Crestmark’s expansion of its funding capabilities to provide several options to the growing solar energy market.Crestmark offers several financing programs to help business owners looking to...
Read Story
March 15, 2018, 07:15 AM
|
Key Equipment Finance announced it provided $2.4 million in financing to Silicon Valley-based Boviet Renewable Power, a renewable energy developing and holding company, for a 1.75 megawatt (DC) solar power generating facility in Gibson, Georgia...
Read Story
September 11, 2017, 07:15 AM
|
Key Equipment Finance has provided financing for 16 community solar projects across Massachusetts for Clean Energy Collective (CEC), the nation's leading community solar solutions provider, and ENGIE, a global energy developer focusing on responsible...
Read Story
July 19, 2017, 07:19 AM
|
Key Equipment Finance announced it has provided a $3 million solar tax lease for The Monroe Cable Company’s 1-megawatt solar installation by OnForce Solar. Monroe Cable, based in the Town of Wallkill, N.Y., is a manufacturer of quality cable, as...
Read Story
August 31, 2016, 07:10 AM
|
SolarCity Corp. raised $345 million in tax equity from four separate partners in June and July to finance new solar projects. The financing facilities cover the capital cost of new equipment and installations, and make it possible for customers to...
Read Story
July 18, 2016, 07:53 AM
|
Key Equipment Finance announced it has partnered with Trinity Solar, a major retailer and installer of solar power systems in the northeastern United States, to complete a $1.2 million solar installation for Builders’ General Supply Company. Key...
Read Story
February 24, 2016, 07:13 AM
|
Key Equipment Finance announced it has teamed up with Entropy Solar Integrators, LLC, a solar financier with an experienced and well capitalized engineering, procurement, and construction (EPC) division, to complete a $602,000 solar installation for...
Read Story
February 17, 2016, 07:15 AM
|
Crestmark announced the funding of Alternative Energy Development Group (AEDG) LLC, and affiliated company SolarSense LLC, headquartered in Berwyn, Pa., with a combination of sale and leaseback transactions. Crestmark provided sale-leaseback...
Read Story
July 09, 2015, 07:06 AM
|
ViZn Energy Systems (ViZn), a leading provider of energy storage systems for commercial & industrial, microgrid and utility applications, and LFC Capital have teamed up to make property owners' acquisition of solar PV and energy storage affordable....
Read Story
February 27, 2015, 07:10 AM
|
Key Equipment Finance and Community Energy, Inc., a leading renewable energy development and marketing company, announced the completion of a solar garden installation in Antonito, Colorado. With $890,000 in financing from Key Equipment Finance, the...
Read Story
January 21, 2015, 07:05 AM
|
Key Equipment Finance and Community Energy, Inc., a leading renewable energy development and marketing company, announced the completion of a $5.2 million solar installation project for Clarkson University in Potsdam, N.Y. “This is a cutting-edge...
Read Story
December 19, 2014, 07:08 AM
|
Key Equipment Finance announced it is providing $6.5 million in solar equipment financing for Safeguard Storage Properties LLC (“Safeguard Self Storage”). The financing is enabling Safeguard Self Storage to go green at 25 facilities, where the solar...
Read Story
December 09, 2014, 07:01 AM
|
CIT Group Inc. released the next installment in its CIT: Behind the Deal (cit.com/solarize) series of client case studies that showcase how the lending, leasing, and advisory expertise of CIT executives has helped their clients achieve success. This...
Read Story
September 25, 2014, 06:00 AM
|
Amicus Solar Cooperative, a purchasing cooperative that is 100% owned and democratically managed by its member companies, has obtained an initial allocation of $50 million for qualifying businesses desiring solar through LFC Capital's Solar Ownership...
Read Story
August 01, 2014, 07:00 AM
|
Centrosolar America, in collaboration with LFC Capital, Inc. announced that a special low-cost solar operating lease is now available for businesses in all of the 50 states. The lease is particularly appealing to businesses that desire solar, but...
Read Story
May 23, 2014, 07:00 AM
|
According to the Clean Energy Trends 2014 report issued by clean-tech research and advisory firm Clean Edge, Inc., 2013 marked a significant transition in the history of clean energy: for the first time since Clean Edge began tracking global markets...
Read Story
March 28, 2014, 06:15 AM
|
CIT Canada announced that it has provided financing to Silvercreek Solar Park, Inc., which will utilize Ontario-made Canadian Solar modules for a ground-mounted utility-scale solar power plant in Elgin County. This is Silvercreek’s first utility...
Read Story
March 27, 2014, 06:00 AM
|
Altus Power America Management, an investor and manager of solar power projects and assets, announced the launch of a Clean Energy Land Program with Macquarie Group (Macquarie) to finance up to $100 million in solar and wind land energy projects in...
Read Story
March 21, 2014, 06:27 AM
|
First Solar, Inc. and GE’s Power Conversion business are utilizing their recently established technology and commercial partnership to develop a more cost-effective and productive utility-scale PV power plant design that combines First Solar’s...
Read Story
March 20, 2014, 06:46 AM
|
Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp, has financed a PV solar panel installation for Credit Plus, a Salisbury, Md.-based provider of mortgage credit reporting tools and...
Read Story
January 22, 2014, 07:00 AM
|
SunEdison, a leading global solar energy services and technology provider, announced that De Lage Landen Financial Services (DLL) has increased its investment to over $100 million in a sale-leaseback fund. The fund, originally announced in December...
Read Story
December 04, 2013, 07:00 AM
|
According to Bloomberg New Energy Finance (BNEF), global investment in clean energy was $53.1 billion in the second quarter of 2013 (Q2'13), up 22% from the first quarter of 2013 (Q1'13) resulting from an upturn in the financing of wind and solar...
Read Story
July 17, 2013, 06:58 AM
|
SunEdison, a leading global solar energy services provider, and subsidiary of MEMC Electronic Materials, Inc. announced that De Lage Landen Financial Services, Inc., a subsidiary of Rabobank Group, has committed to invest $52.5 million into a...
Read Story
December 05, 2012, 07:28 AM
|
Solar Industry reported the U.S. solar energy industry recorded its second-best quarter in history according to a new report released by the Solar Energy Industries Association based on data from GTM Research.The report also found that the second...
Read Story
September 13, 2012, 07:26 AM
|
Solar Industry reported that the Americas solar photovoltaics market more than doubled in the first half of 2012 according to IMS Research's third-quarter PV Demand Report. Installations in the Americas grew by more than 120% in the first half of...
Read Story
August 24, 2012, 06:31 AM
|
Tioga Energy, a leading provider of renewable energy services to commercial, government and non-profit organizations, today announced it has closed construction and long-term financing with Wells Fargo & Company and De Lage Landen for the first...
Read Story
July 09, 2012, 07:52 AM
|
According to a report posted on Solar Industry, Sens. Chris Coons, D-Del., and Jerry Moran, R-Kan., have introduced the Master Limited Partnerships Parity Act (MLP Parity Act). This legislation is designed to level the energy playing field by giving...
Read Story
June 11, 2012, 07:00 AM
|
Solar Industry reported that Sens. Charles Schumer, D-N.Y., and Sherrod Brown, D-Ohio, have introduced legislation that would make PV modules manufactured in China ineligible for the 30% federal tax credit that homeowners and businesses receive when...
Read Story
May 17, 2012, 06:30 AM
|
Solar photovoltaic (PV) demand during 2H’12 will see increasing contributions from emerging markets in North America and Asia Pacific, with 60% of PV demand coming from these non-European regions according to new research featured in the NPD...
Read Story
May 15, 2012, 07:15 AM
|
Kyocera Solar, Inc. announced the launch of its latest solution: Kyocera Solar Finance, a program designed to provide loan and lease options to consumers seeking light commercial and mid-to-large commercial installations. In partnership with De Lage...
Read Story
May 08, 2012, 08:00 AM
|
Bloomberg New Energy Finance reported that global investment in clean energy dropped to its lowest in three years as the U.S. and European nations cut support for wind and solar projects. According to the report, spending on new wind farms, solar...
Read Story
April 16, 2012, 07:00 AM
|
According to the 11th annual edition of Clean Edge's Clean Energy Trends 2012 report, the three major clean energy technologies - solar photovoltaic, wind power and biofuels, which combined totaled $188.1 billion in 2010 and grew 31% to $246.1...
Read Story
March 22, 2012, 07:30 AM
|
Taycor Financial will continue to expand their reach into the green energy initiative through their collaboration with SunSurfs Solar USA.Taycor and SunSurfs will establish a jointly supported solar equipment leasing program to provide easier access...
Read Story
March 22, 2012, 06:30 AM
|
Wells Fargo & Company announced a record $2.8 billion in loan commitments and tax equity financing in 2011 to businesses and projects with a direct positive impact on the environment. That brings Wells Fargo’s total environmental financing and...
Read Story
March 21, 2012, 07:45 AM
|
Rabobank and SolarCity announced $42.5 million in structured financing to fund over 30 commercial solar projects in California. This new fund is the latest iteration of a Rabobank-SolarCity collaboration that has produced a solar-powered electric...
Read Story
March 19, 2012, 06:00 AM
|
Chadbourne & Parke represented Metropolitan Life Insurance Company and MetLife Capital Credit, as the sole lender and co- investor, in connection with the approximately $140 million purchase and term loan financing of FRV AE Solar, LLC's Webberville...
Read Story
March 07, 2012, 07:30 AM
|
Key Equipment Finance announced that the company is financing a solar system installation at Rutgers University, The State University of New Jersey. SunDurance Energy, a leading national solar provider, is the solar integrator for the project. The...
Read Story
March 05, 2012, 07:00 AM
|
Clean Edge recently published Cascadia Capital’s 2012 predictions for the clean energy industry. According to the article Cascadia Capital’s Co-Founder, Michael Butler believes that upcoming political and economic debates will drive increasing...
Read Story
February 24, 2012, 07:30 AM
|