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
I suppose there are people who believe that the radical left is on a path to make Christianity illegal, and perhaps to install Islam as the official religion of the United States. This is remarkable for two reasons:
a) Every schoolchild in America learns about the First Amendment’s guarantee of freedom of religion at a very young age, and
b) This country made it successfully though 250 years with no one being ignorant enough to bring up this ridiculous concern.
One would hope that this figure of near 60% would indirectly translate into Trump’s ouster before he can take full control of the U.S. government.
We vote Trump’s stooges out of office in November and replace them people of honor. Trump is impeached, convicted and removed. From there, justice takes its course.
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