US solar gamer refinances 130MW portfolio
Dec 3, 2021 03:12 PM ET
- Strata Clean Energy operates 21 assets throughout North Carolina
US solar player Strata Clean Energy has refinanced a 130MW portfolio of solar plants in North Carolina.
United States bank CIT Group has led the refinancing of the $69m portfolio of solar assets.
The portfolio contains 21 operating solar assets situated throughout the state.
Result from the solar plants is covered by acquisition arrangements that make sure stable market need for the renewable power they generate.
" Funding this portfolio is an additional demonstration of just how CIT is remaining to support Strata's recurring development," stated Jimmy Chuang, primary financial officer of Strata Clean Energy.
" Once more, we valued their sector expertise, experience and also agility in funding these renewable power assets."
Also read
- Germany Adds One-Point-Four Gigawatts Of Solar Capacity In July Surge
- SolAmerica Secures $100M to Boost Community Solar Expansion
- Enlight Secures $350 Million Mezzanine To Advance US Hybrids Pipeline
- Austria Funds Rooftop Solar And Storage With New Rebate Round
- Vikram Solar Secures $71M from Anchor Investors Pre-IPO
