OYA Renewables (OYA), an energy transition solutions platform, 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. In addition to this, OYA also...
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March 28, 2023, 07:00 AM
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The PNC Financial Services Group, Inc. announced the expansion of its environmental finance commitment to $30 billion. The bank initially announced in August 2021 a commitment of $20 billion over five years in support of environmental finance. Since...
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January 13, 2023, 07:23 AM
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Mitsubishi UFJ Financial Group (MUFG) announced the closing of a green loan and ancillary revolving credit facility for Lynchburg Renewable Fuels, LLC, a special-purpose vehicle (SPV) created to fund the development, construction and operation of a...
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October 26, 2022, 07:18 AM
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Equipment Leases Inc., based in Utah, announced a massive increase in funding resources for any renewable energy project in the United States. The increased financial help from EQL and its lending partners equates to nearly $1 billion in new capital...
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September 28, 2022, 07:00 AM
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Fairfield Capital Group, LLC announced its renewable energy practice advised, arranged and closed almost $360 million of lease financings for renewable energy equipment in 2021. Fairfield Capital, which was founded in 2004, is a boutique investment...
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January 06, 2022, 07:19 AM
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Wells Fargo Renewable Energy & Environmental Finance (REEF) announced it recently surpassed $10 billion in tax-equity investments in the wind, solar and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12...
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February 26, 2021, 07:00 AM
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CIT Group Inc. announced its 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...
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February 25, 2020, 07:25 AM
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FuelCell Energy, Inc. announced it closed on a tax equity sale-leaseback financing transaction for the 2.8 MW Tulare BioMAT Project in Tulare, CA, with Crestmark Equipment Finance, a division of Metabank. Crestmark’s commitment totals $14.4 million...
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February 14, 2020, 07:25 AM
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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...
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December 11, 2019, 07:12 AM
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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...
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September 19, 2019, 07:24 AM
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Duke Energy Renewables, a subsidiary of Duke Energy, announced its 150-megawatt (MW) North Rosamond solar project in Kern County, CA, has begun commercial operation. It is the largest solar project in Duke Energy Renewables' fleet.M&T Bank's...
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June 20, 2019, 07:20 AM
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M&T Bank announced Mark Adiletta was appointed Vice President, Group Manager for the bank in the Commercial Equipment Finance Division (CEF). He joins M&T Bank from Carreden Group where, as a founding partner of the Lease Advisory and Asset Finance...
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March 08, 2019, 07:25 AM
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CIT Group Inc. announced its Commercial Finance division's Energy Finance unit served as sole lead arranger and administrative agent for approximately $79 million in financing for Onyx Renewable Partners L.P. This new financing follows a $53 million...
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May 08, 2018, 07:20 AM
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Chapman and Cutler LLP announced that David Sykes rejoined the firm earlier this month as a partner in thce San Francisco office, adding to the firm’s renewable energy and securitization practices. Sykes concentrates his practice the representation...
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February 23, 2018, 07:12 AM
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Envision Solar International, the leading renewable energy, media and branding and EV charging product company, announced that it is now offering easy, low-cost financing solutions for its solar-powered products.Envision Solar now provides innovative...
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November 02, 2016, 07:14 AM
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Pacific Mercantile Bank announced the launch of its Solar and Renewable Energy Lending Group, which will offer specialized financing to companies engaged in sustainable, renewable energy projects across the United States.“Renewable energy financing...
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September 13, 2016, 07:00 AM
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FuelCell Energy announced a $30 million project financing facility with PNC Energy Capital, LLC, a full service capital provider to the renewable energy and demand side management segments of the energy industry. This facility provides long term...
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December 16, 2015, 07:02 AM
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Amazon Web Services, Inc. (AWS), an Amazon.com company (AMZN), announced that it has contracted with EDP Renewables to construct and operate a 100 megawatt (MW) wind farm in Paulding County, Ohio, called the Amazon Wind Farm US Central. This new wind...
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November 20, 2015, 07:15 AM
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Fairfield Capital announced that it has entered into an agreement with a major manufacturer of green energy equipment to act as its exclusive advisor and placement agent with respect to arranging upwards of $165 million in equipment lease financing...
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September 14, 2015, 06:45 AM
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U.S. Bancorp and ORIX USA Corp. announced the closing of U.S. Bancorp’s first renewable energy syndication, which is expected to enable SolarCity to install approximately 2,500 solar power systems at homes and businesses in nine states. U.S. Bancorp...
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March 17, 2015, 07:01 AM
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A team of long-time renewable energy and finance industry executives announced the launch of Generate Capital, a specialty finance company focused on funding small-scale, resource-efficient infrastructure. Generate Capital's co-founders include...
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December 08, 2014, 07:10 AM
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GE Energy Financial Services and Welspun Renewables Energy Pvt. Ltd. (WREPL) announced a partnership to expand solar energy generation in India. GE Energy Financial Services is making its first investment in a solar power project in India, funding US...
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April 28, 2014, 06:23 AM
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XZERES Corp., a global clean energy solutions company, has launched the XZERES PowerLease™ financing program for its wind turbine customers. As a new 'no money down' financing solution, XZERES PowerLease allows businesses, municipalities and...
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February 28, 2014, 07:00 AM
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Solar Industry reported worldwide renewable energy investment in the first quarter this year totaled $40.6 billion, down 22% from the prior year, due to a downturn in large wind and solar project financings.According to the report, global investment...
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April 16, 2013, 07:10 AM
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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...
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June 11, 2012, 07:00 AM
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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...
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April 16, 2012, 07:00 AM
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Mr. Valentino, joins Meridian from Societe Generale where he worked in the bank’s Energy and Project Finance Group. While at Societe Generale, Patrick worked on a range of transactions including renewable power, conventional power and energy...
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April 10, 2012, 08:00 AM
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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...
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March 19, 2012, 06:00 AM
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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...
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March 05, 2012, 07:00 AM
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