FinancingClosedResearch-sourcedDecember 18, 2015
RE Garland
The Garland solar project was financed through a combined $480M construction, letter of credit and term debt facility provided by a syndicate of five banks.
$480M
Deal Value
273.1MW
Capacity
352MWh
Storage
Hybrid
Technology
CA
Location
Deal Details
- Deal Type
- Construction + term debt
- Seller / Sponsor
- Recurrent Energy / Southern Power
- Buyer / Financier
- NORD/LB, CIT Group, Rabobank, Santander, KeyBanc
- Deal Value
- $480M
- Stage
- operating
- ISO/RTO
- CAISO
- Source
- NS Energy
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