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.
At left is a good example of what I mean by: “The last 150 years hasn’t been good for philosophers.”
In the late 19th Century, a question like this was the purview of philosophy. Now it’s the domain for neuroscientists.
Similarly, the question: “what are the ultimate building blocks of the universe” was fodder for everyone from the ancient Greek philosophers up to the far more recent metaphysicians. Now we ask particle physicists.
This is funny, but in actuality, sane people don’t physically attack the MAGA crowd; in fact, we don’t even make snide comments.
We keep our thoughts to ourselves. We may feel sorry for these people’s moral depravity and/or stupidity. We may be angry that the country that was once the envy of the world is now viewed with ridicule and disdain in its path to become irrelevant in global affairs.
But messing with hateful morons in red hats isn’t helping anyone.
Here’s the latest on Trump’s efforts to be awarded the Nobel Peace Prize, while waging an aggressive war in Iran, executing people he suspects of carrying drug off the coast of Venezuela, pledging to take over Cuba, and annexing Greenland from a (former) ally.
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