Solar developer Infiniti Energy has closed an $82.9 million structured finance facility with Fifth Third Bank, acting as administrative agent, to support a growing portfolio of commercial solar projects slated for construction this year.
The construction facility is being financed through Fiera Private Debt, and Flagstar Bank is providing the tax equity.
The financing will support the development, construction and operation of 21 MW of commercial and industrial (C&I) solar projects located in New Jersey, California and Illinois. Infiniti Energy will build, own and operate all sites under power purchase agreements with a diverse group of solar offtakers, including retail, commercial and industrial clients.
“The Infiniti team is excited to build on our expanding partnership with Fifth Third Bank and welcome the opportunity to work with Fiera and Flagstar to support our growing portfolio,” says Michael Kushner, Infiniti Energy CEO. “The projects that Infiniti owns and operates continue to generate affordable and sustainable solar energy for our clients while contributing to our country’s renewable transition.”
Development of the projects is already under way, and completion of the portfolio is expected this year.
The post Infiniti Energy Nets Financing to Support Solar Pipeline appeared first on Solar Industry.
99% of this totally incorrect.
But hey, who cares, right? There’s a huge market for disinformation, and I’m sure you were handsomely paid.
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I’ve always wondered what this means. Christian Science? But if you reject science and hand your diseases over to Jesus, why would you need health coverage in the first place?
The point made at left is an interesting one, but it raises the question: Would our NATO allies have participated in a useless and illegal war even if Trump hadn’t insulted, bullied, and threatened them with military invasion?
I doubt it.
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