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.
Here’s where you can donate to send a copy of the bible to the poorest of the poor African children.
Let the word of God explain to these children why they are dying of sickness and starvation. Certainly, their parents will be interested to learn this as well.
Always blame your opposition for the crimes you committed.
We baby boomers remember when the two dominant political parties were essentially indistinguishable. Eisenhower, a Republican, stood for strong Social Security, limited military, unemployment insurance, and a strong minimum wage.
What does today’s GOP champion? Cutting off all assistance for the poor, tax cuts of billionaires, slashing into Social Security (the money you and I earned) and starting a senseless and illegal war.
Who are the radicals here?
I just came across Sofo Archon, an incredibly interesting speaker and writer.
My only response to what he says at left is that you are, in fact, a leftist, whether you accept that or not. Anyone who says that he belongs to “Humanity and Earth” is a leftist by definition, just like anyone who wears the t-shirt below.
This is kind of like saying, “I am neither a Christian nor an atheist, but I believe in God and I accept His son Jesus Christ as my savior.” Sorry, that makes you a Christian.
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