Radial Power announced that it has closed on $225 million in debt financing from ATLAS SP Partners to support its pipeline and operating platform of distributed generation projects.
The transaction represents Radial Power’s inaugural portfolio-level debt financing, which is set to help facilitate the company’s both asset- and portfolio-level, turnkey integrated C&I and community solar solutions.
“We are excited to partner with ATLAS SP, an industry-leading structured products and asset-backed credit origination platform with significant experience in the sustainability and distributed generation space,” says John M. King, CFO of Radial Power.
“This financing will support Radial Power’s robust pipeline of low-cost, low-carbon clean energy solutions that enable real estate companies to meet their short- and long-term ESG and sustainability goals. Our national portfolio of best-in-class distributed generation projects is unlocking value from underutilized real estate, delivering solutions to our customers and accelerating a sustainable U.S. energy transition.”
Latham & Watkins acted as legal counsel to Radial Power and Mayer Brown acted as legal counsel to ATLAS SP.
The post Radial Power Closes on $225M in Debt Financing From Atlas SP appeared first on Solar Industry.
Radial Power Closes on $225 Million in Debt Financing from Atlas SP
One might think that this level of idiocy and incompetence would detract from the appeal of the GOP, but Trump supporters don’t seem to mind.
At left we see the cause of Trump’s imminent demise.
We’re OK on the lies and crimes, but we’re not OK on high prices, and though we’re dumb, we’re not dumb enough to believe that prices were higher under Biden.
Btw, people commonly refer to this as “Obama’s deal,” but several other countries were party to it.
It’s a tragedy that this didn’t happen in 2015 when Trump entered the political scene.
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