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 proof (as if any were needed) that Trump understands that he’s despised and knows that his claims that he’s “respected around the world” are total bullshit.
What Seneca said here is as true today as it was 2000 years ago.
When I was a boy, I predicted that the advancements of science would eventually put an end to religion, but it appears I was wrong.
Dwindling educational standards and pounding levels of propaganda have brought us to the point that 42% of Americans reject the scientific finding that human activity is causing climate change. These are probably the same idiots who believe that that vaccinations are dangerous.
Are you seriously blaming this military catastrophe on Hegseth, rather that the criminal sociopath who appointed him?
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