trending Market Intelligence /marketintelligence/en/news-insights/trending/kvr4ogg3-jtphxpxbtvwxg2 content
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.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

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

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

US Pushes Pedal To The Metal On Broadband Speeds Ahead Of COVID-19 Outbreak

Broadband-Only Homes Surge To 25% Of US Households Ahead Of COVID-19 Crisis

Pandemic Causing Wildly Different Outcomes Across Media Sectors


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 .