Subscribe today and receive an extra account for free.
Subscribe
Solar array. Author: U.S. Department of Agriculture .
July 19 (Renewables Now) - Clean energy investment platform CleanCapital LLC said Thursday its investment vehicle with CarVal Investors has acquired a 75.2-MW solar portfolio in New Jersey from KDC Solar LLC.
In the same statement, the New York-based company said its partnership with funds managed by CarVal Investors secured USD 300 million (EUR 267.3m) in debt financing for the acquisition of distributed solar and energy storage projects. The debt warehouse facility has been provided by Credit Suisse Group AG (NYSE:CS) under undisclosed terms.
The newly acquired portfolio, named Olympic, consists of 15 operating assets with capacities ranging from 157 kW to 10 MW. All assets have off-take contracts in place.
CleanCapital now manages USD 465 million of assets and owns and operates a portfolio of 180 MW of renewables.
(USD 1.0 = EUR 0.89)
CUI Global closes buy of solar EPC firm Reach
Apr 07, 2020 10:06 CEST
Capital Power wraps up acquisition of 100-MW wind park in Texas
Apr 07, 2020 8:47 CEST
Round-up of renewable energy PPA news (March 24 - April 6)
Apr 07, 2020 8:42 CEST
Lightsource BP secures PPA for 132-MW DC solar project in Arkansas
Apr 06, 2020 15:36 CEST
Tennessee Valley Authority launches power flexibility option EA
Apr 06, 2020 14:27 CEST
Virus crisis makes TPI Composites wary on 2020 outlook
Apr 06, 2020 10:11 CEST