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Greenalia has announced closing on $200 million of three-year credit facilities to support the development of its U.S. renewables projects through company subsidiary, Greenalia Power U.S. Advanced II.

The facilities are the first for the company in the North American market. Proceeds are expected to finance project equipment, as well as other development and construction expenses.

“This operation represents an important milestone for the company’s U.S. expansion, where we are currently developing a 3 GW portfolio diversified through projects in three technologies: solar, wind and batteries,” says Antonio Fernández-Montells, Greenalia CFO. “We want to thank Nomura for the trust and confidence on Greenalia project and all PEI team for the exceptional support and advice.”

Nomura Securities International led the financing and acted as sole underwriter, lead arranger and bookrunner of the facilities. PEI Global Partners served as exclusive financial advisor to the company. Holland & Knight acted as borrower’s counsel. Norton Rose Fulbright acted as lenders’ counsel.

The post Greenalia Secures $200 Million of 3-Year Credit Facilities for U.S. Development appeared first on Solar Industry.

Greenalia Secures $200 Million of 3-Year Credit Facilities for U.S. Development

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Renewable Energy

There Is a Third Option

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Whoa.  Let’s take a step back.  Is it really either A or B?

You could on the side of the morons, those incapable of any level of critical thinking, like the author of the meme here.

There Is a Third Option

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Renewable Energy

Televised Executions

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The United States seems set on propelling itself backwards.

Televised Executions

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Renewable Energy

Does It Get Any Worse?

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Maybe, as they say, “Hell has a special place reserved in it” for people like Thom Tillis, Republican Senator from North Carolina, who enabled Trump to rape and destroy the United States.

That was until it became clear to Tillis that he could jump ship, write a scathing book about the president, get all over mainstream news promoting it, and go on to enjoy another chapter of political success.

That we Americans are so stupid that we accept this blatant hypocrisy and criminality is sad proof that we’re not the people we were 20 years ago. Maybe what many people are saying are correct: we deserved what we got.

Does It Get Any Worse?

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