TGC

Acquisition set to fuel company's expansion in United States

Both companies have authorized a binding agreement last week for the solar energy portfolio for $293 million. TGC said that the equity funding for these assets was provided by the third fund of TGC, True Green Capital Fund III, as well as its funding partners provided debt as well as tax equity.

TGC has actually closed on $42.8 million in financial obligation financing and $41.1 million in tax equity financing for a 70 MW community solar portfolio located in New york city State.