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Originally developed in 1987, the 142-megawatt Coso Geothermal facility has been a steady source of renewable power for the Southern California region for more than three decades. The Coso site is considered one of the top three producers of geothermal electrical power in the United States. CIT arranged the financing on behalf of project sponsor Avenue Capital and its wholly owned asset manager Middle River Power, and other co-owners Bardin Hill, Corre, and Voya investment funds, . The project is supported by three separate power purchase agreements that enable the delivery of Coso s reliable baseload geothermal-generated electricity to customers. Southern California is a strong market for the kind of clean, renewable power generated by the Coso facility, said James Suehr, CFO of Middle River Power. With this financing in place, Coso remains on track to continue delivering renewable electric power to the region for many years to come.

United statesBardin hillJames suehrMike lorussoJohnm moranRenewable energy lead arranger of the yearGroup incSouthern californiaAvenue capitalMiddle river powerMiddle riverRenewable energy lead arrangerPower financeEqual housing lenderஒன்றுபட்டது மாநிலங்களில்பார்டின் மலை