Aspen Power Partners Secures $241M to Fuel Solar Farm Expansion

• Aspen Power Partners secures $241 million in financing for solar energy projects, with support from JPMorgan Chase, Lombard Odier, and Mitsubishi UFJ Financial Group. Backed by Carlyle, Aspen has a strong track record in renewable energy development.

Aspen Power Partners, a US distributed generation platform, has secured $241 million in financing to support its growth and the construction of new solar energy projects. The funds were obtained through expanded credit facilities with JPMorgan Chase & Co and Lombard Odier, as well as a new construction-to-term facility with Mitsubishi UFJ Financial Group Inc. The construction-to-term loan, worth $124 million, will be used to directly support the construction of new solar assets across multiple states. Aspen, which has developed or acquired over 600 renewable energy projects across 26 states, completed the construction of 14 solar projects in Georgia last year.

Aspen Power Partners has secured $241 million in financing to support its growth and the construction of new solar energy projects. The funds were obtained through expanded credit facilities with JPMorgan Chase & Co and Lombard Odier, as well as a new construction-to-term facility with Mitsubishi UFJ Financial Group Inc. The construction-to-term loan, worth $124 million, will be used to directly support the construction of new solar assets across multiple states. Aspen, which has developed or acquired over 600 renewable energy projects across 26 states, completed the construction of 14 solar projects in Georgia last year. The company is backed by US private equity firm Carlyle.

How will Aspen Power Partners utilize $241 million in financing for solar energy projects?

• The $241 million in financing secured by Aspen Power Partners will be utilized to support the company's growth and the construction of new solar energy projects.
• The funds were obtained through expanded credit facilities with JPMorgan Chase & Co and Lombard Odier, as well as a new construction-to-term facility with Mitsubishi UFJ Financial Group Inc.
• The construction-to-term loan, worth $124 million, will be specifically used to directly support the construction of new solar assets across multiple states.
• Aspen Power Partners, a US distributed generation platform, has a strong track record in the renewable energy sector, having developed or acquired over 600 renewable energy projects across 26 states.
• Last year, the company successfully completed the construction of 14 solar projects in Georgia, further solidifying its position in the solar energy market.
• Aspen Power Partners is backed by US private equity firm Carlyle, which provides additional financial support and expertise in the renewable energy industry.