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OYA Solar Closes Development Capital Facility with Greenbacker Capital That Will Support Community Solar Projects Across New York State
January 26, 2021 GMT
Financing supports OYA’s continuing effort to construct 100 MWDC of Community Solar projects in New York in 2021
NEW YORK, Jan. 26, 2021 /PRNewswire/ - OYA Solar, a solar developer and asset owner, announced today that it has secured financing that will support the development and construction of approximately 350-400 MWDC of community solar projects across New York State. The development capital financing transaction was successfully closed with a private equity and credit fund affiliated with Greenbacker Capital Management, LLC., with NY Green Bank, a division of the New York State Energy Research and Development Authority (“NYSERDA”), participating.