Greenbacker Capital Management has entered into a $92 million financing agreement with BMO through an affiliated investment vehicle.
BMO served as both lender and the administrative agent for the deal. Wilmington Trust served as collateral agent and depositary agent. The financing package includes a construction to term loan, a tax equity bridge loan, a term loan commitment and a letter of credit facility.
The proceeds from the construction loan and tax equity bridge loan will be used to finance the construction of the Holtville BESS, which will have an expected 30 MW power capacity and up to 120 MWh energy storage capacity.
The project has a long-term contract in place with an investment-grade offtaker. The term loan will support the construction of a portfolio of community solar projects in the northeastern U.S. All portfolio projects are expected to enter commercial operation next year.
Holtville is compliant with the Equator Principles, a voluntary framework adopted by members of the financial industry, including BMO, to responsibly evaluate the environmental and social impacts of the projects they finance.
Greenbacker was advised on the deal by Stoel Rives. Paul Hastings served as legal advisor to BMO. Wilmington Trust was advised by Bryan Cave Leighton Paisner.
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Greenbacker Enters into $92 Million Financing Agreement with BMO
At left see we what it’s like when a formerly great country is being led be a moron.
Will “they better stop now!” lay this issue, the precursor to World War III, to rest?
https://www.2greenenergy.com/2026/04/10/there-are-costs-for-a-world-superpower-to-be-led-by-a-spoiled-child/
In their ad, the folks offering “The Most Complete Periodic Table Ever” claim that, if your kid is struggling with chemistry, she can improve with this product, which is essentially tons of useless information.
Who discovered molybdenum? In what year? What is its market value?
We are a society in which our facility with science is now in free-fall. If you think that blunting whatever may remain of your child’s natural curiosity with crap like this a good idea, here’s where to shop.
Poor and working-class Americans are struggling with the current economy.
The MAGA base must be going insane. Trump’s telling them that the economy is great while they’re paying $6/gallon of gas and $12.99 for a pound of hamburger.
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