New Hickory Solar
Crayhill raised $302.9M for the 206 MWac New Hickory Solar project, including a construction-to-term loan, a transfer bridge loan and an LC facility, with lenders including MUFG, Siemens and Intesa.
$303M
Deal Value
206MW
Capacity
Solar
Technology
TX
Location
Deal Details
- Deal Type
- Construction-to-term loan and bridge loan
- Seller / Sponsor
- Pattern Energy
- Buyer / Financier
- MUFG
- Deal Value
- $303M
- Stage
- development
- ISO/RTO
- ERCOT
- Source
- Proximo
Related Deals
Pattern Energy — 28 wind+solar parks, 4.4 GW operating in US + Canada + Japan; Pattern Development 4+ GW track record
Pattern Energy Group Inc. (NASDAQ: PEGI public shareholders) → Canada Pension Plan Investment Board (CPPIB) + Riverstone Holdings (Pattern Development combination)
$6.1B EV ($26.75/share all-cash)
Pattern Energy — 28 wind+solar parks, 4.4 GW operating in US + Canada + Japan
Pattern Energy public shareholders → Canada Pension Plan Investment Board (CPPIB)
$6.1B EV / $26.75 per share all-cash
Western Spirit Wind — 1,050+ MW (4 wind sites: Red Cloud, Duran Mesa, Clines Corners, Tecolote) + 150-mile 345kV transmission line in NM
Pattern Energy Group LP → GE Energy Financial Services (tax equity); RETA (transmission)
Undisclosed (transmission ~$285M)
Solaire Holman 1 — Solar project, TX (ERCOT), 50 MW, COD 2017.
Public Utilities
East Pecos Solar — Solar project, TX (ERCOT), 120 MW, COD 2017.
Public Utilities
Mira Loma Battery Storage Facility — 20 MW / 80 MWh Li-ion (~400 Tesla Powerpacks)
Tesla → Southern California Edison
20 MW
Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.