Sol Systems 500 MW initial pipeline (IL, OH, TX) + 144 MWac Blossom Solar (Ohio, first PJM utility-scale Sol Systems project)
$675M revolving construction facility supports Sol Systems' clean energy pipeline. KKR Capital Markets as placement agent. First two projects total $634M of capacity. Blossom Solar (144 MWac, Ohio) is Sol Systems' first PJM utility-scale project.
$675M
Deal Value
500MW
Capacity
Solar
Technology
IL, OH, TX
Location
Deal Details
- Deal Type
- Corporate Debt & Capital Markets
- Seller / Sponsor
- Sol Systems
- Buyer / Financier
- KKR Capital Markets (placement); Raymond James Renewable Energy Investments (tax equity)
- Deal Value
- $675M revolver + $300M Blossom transaction
- Stage
- Construction
- ISO/RTO
- PJM, ERCOT
- Source
- Sol Systems
Finance Counterparties
Lenders & Capital Providers
- taxEquityProviders
- Raymond James Renewable Energy Investments
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