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Nexamp Secures $440 Million in Debt Financing for Solar and Energy Storage Portfolio


Nexamp Secures $440 Million in Debt Financing for Solar and Energy Storage Portfolio
Largest financing deal ever for community solar assets, a model that provides equitable access to clean energy
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BOSTON, March 8, 2021 /PRNewswire/ Nexamp, Inc., a leading renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio spans five state markets and consists of nearly 100 community solar projects, including energy storage capacity totaling 120MWh. MUFG Union Bank, N.A. served as the Coordinating Lead Arranger for the syndicated financing, which included participation from an expansive group of market-leading lenders. ....

Zaid Ashai , Takaki Sakai , Peter Tawczynski , Chief Financial Officer , Managing Director , ஸேட் ஆஷை , தலைமை நிதி அதிகாரி , நிர்வகித்தல் இயக்குனர் ,

MUFG Arranges $440MM Senior Secured Credit Facility for Nexamp - News


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MUFG Arranges $440MM Senior Secured Credit Facility for Nexamp
March 08, 2021, 07:58 AM
Nexamp closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio spans five state markets and consists of nearly 100 community solar projects, including energy storage capacity totaling 120MWh. MUFG Union Bank served as the Coordinating Lead Arranger for the syndicated financing, which included participation from an expansive group of market-leading lenders.
Nexamp has emerged as the largest owner-operator of community solar assets across the sector s fastest growing markets, and this financing reflects the company s position as a market leader with a proven track record of renewable energy financing and asset deployment. Equitable access to clean ....

Zaid Ashai , Takaki Sakai , Peter Tawczynski , Union Bank , Coordinating Lead Arranger , Chief Financial Officer , Managing Director , ஸேட் ஆஷை , தொழிற்சங்கம் வங்கி , ஒருங்கிணைத்தல் வழி நடத்து ஏற்பாடு , தலைமை நிதி அதிகாரி , நிர்வகித்தல் இயக்குனர் ,