trending Market Intelligence /marketintelligence/en/news-insights/trending/kvr4ogg3-jtphxpxbtvwxg2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

sPower secures $786M in financing for 9 Calif. solar projects

Mobile Payment Apps Driving Fintech Frenzy In India

Street Talk Episode 42: Banks losing consumer deposits to fintech, digital platforms, commercial might be next

Corporate Renewables Market Looks To Continue Growth After Record 2018

Reframing The Conversation Around Cyber Risk


sPower secures $786M in financing for 9 Calif. solar projects

Utah-based independent power producer sPower has secured$786 million in financing for a 339.4-MW portfolio of solar projects inLancaster, Calif.

The financing consists of tax equity investment andsyndicated construction and term loan facility for nine solar projects. Twoof the nine projects have achieved commercial operations, while the remainingare still under construction, according to an Oct. 6 release.

KeyBanc Capital Markets Inc. acted as coordinating leadarranger for the $519 million syndicated debt facility. KeyBank NA, CIT BankNA, CoBank ACB, Coöperatieve Rabobank UA, Norddeutsche Landesbank Girozentrale(Nord/LB), Siemens Financial Services Inc. and Wells Fargo Bank NA alsoparticipated in the transaction.

CohnReznick Capital Markets Securities advised sPower on thetax equity deal, while Stoel Rives LLP assisted the company with thenegotiation and documentation of the financing.

SPower is legally known as .