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Advanced Power : achieves financial close of 140-MWdc Cutlass Solar project in Fort Bend County, Texas
04/28/2021 | 01:31pm EDT
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BOSTON, April 28, 2021 /PRNewswire/ Advanced Power announced today that it has successfully closed the financing of Cutlass Solar, a 140-MWdc photovoltaic solar electric generating facility located in Fort Bend County, Texas. Advanced Power, together with its co-investors, ENEOS Corporation ( ENEOS ) and Fuyo General Lease Co., Ltd. ( Fuyo ), are the owners of the facility.
CIT Bank, N.A., Credit Agricole Corporate & Investment Bank and Amalgamated Bank are providing senior secured credit facilities to Cutlass Solar. CIT acted as coordinating lead arranger, administrative agent, collateral agent and depositary bank for the transaction.
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BOSTON, April 28, 2021 /PRNewswire/ Advanced Power announced today that it has successfully closed the financing of Cutlass Solar, a 140-MWdc photovoltaic solar electric generating facility located in Fort Bend County, Texas. Advanced Power, together with its co-investors, ENEOS Corporation ( ENEOS ) and Fuyo General Lease Co., Ltd. ( Fuyo ), are the owners of the facility.
CIT Bank, N.A., Credit Agricole Corporate & Investment Bank and Amalgamated Bank are providing senior secured credit facilities to Cutlass Solar. CIT acted as coordinating lead arranger, administrative agent, collateral agent and depositary bank for the transaction.
Advanced Power is a global developer, owner and asset manager of modern power infrastructure that has recently made a series of significant investments in the development and acquisition of renewable energy assets.
JACKSON TWP. More than 100 children will receive bicycles for Christmas thanks to the efforts of Lumen Nation.
Lighting store co-owners Tom Rafferty and Davene LoVaglio decided four years ago to donate bicycles to Toys for Tots. They managed five the first year, 17 in 2018 and 31 last year. They hoped to collect 50 this year but ended up with 103.
LoVaglio said the drive started earlier this year, which might be a factor in the increased donations. The store worked with the Stark & East Central Ohio Building Industry Association, as well as customers and others to help Toys for Tots. It was a huge collaboration between clients and friends, LoVaglio said.
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