590 MW solar portfolio: Cadence Solar (240 MW, OH), Trade Post Solar (200 MW, IN), Yum Yum Solar (150 MW, TN)
Construction/bridge loan facility + letter of credit facility. Natixis as documentation agent, CIBC as admin agent, Rabobank as diligence coordinator. Expected COD 2026. $390M+ in community taxes/payments.
$1.10B
Deal Value
590MW
Capacity
Solar
Technology
IN, OH, TN
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Invenergy
- Buyer / Financier
- Natixis CIB, CIBC, Nomura, Rabobank, Wells Fargo
- Deal Value
- $1.1B
- Stage
- Under Construction
- ISO/RTO
- MISO, PJM
- Source
- Mercom Capital Group
Capital Structure
$1.10B
Total transaction value
Finance Counterparties
Lenders & Capital Providers
- leadArrangers
- Natixis CIB, CIBC, Nomura, Rabobank, Wells Fargo
- adminAgent
- CIBC
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Recent executive moves at the firms named in this deal.
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