Strata Clean Energy has closed a $300 million revolving loan and letter of credit facility to expand its operational fleet and accelerate the commercialization of its diversified 17+ GW development pipeline.
Nomura Securities International Inc. led the financing, acting as Sole Coordinating Lead Arranger, Bookrunner, and Nomura Corporate Funding Americas LLC as Administrative Agent, with First Citizens Bank and ING Capital as Joint Lead Arrangers alongside five other participant banks.
Notably, the loan adheres to a Green Financing Framework in accordance with the 2023 Loan Syndications and Trading Association (LSTA) Green Loan Principles. Nomura and ING Capital acted as Green Structuring Agents.
The proceeds of the loan will support the development, construction and operation of Strata’s upcoming renewable energy, energy storage and power-to-X projects. This facility also provides working capital for Strata’s growing EPC and O&M divisions, both of which have played a pivotal role in the company’s 15-year history of execution for its own independent power producer and third-party customers.
“This facility strengthens Strata’s liquidity position and enables us to drive forward with groundbreaking and economically viable renewable initiatives in markets nationwide,” says Alice Heathcote, CFO of Strata Clean Energy. “The support of our financial partners is instrumental in propelling us forward as a leading fully integrated cleantech platform, offering a comprehensive one-stop solution for development through construction, with an unwavering commitment to quality.”
Nixon Peabody and Norton Rose Fulbright acted as borrower’s and lenders’ counsel, respectively.
The post Strata Clean Energy Nets $300 Million in Funding to Support Growth appeared first on Solar Industry.
Strata Clean Energy Nets $300 Million in Funding to Support Growth
Renewable Energy
Cage Fighting on the White House Lawn
Maybe turning the White House into an attraction for the country’s least educated people (some say “trailer trash”) isn’t a good idea. It’s often referred to as the most demeaning moment in U.S history.
But let’s be real. Our nation is at its lowest point since its founding. Maybe we can, as a country, use this moment of extreme degradation as alcoholics refer to as “hitting rock bottom.”
https://www.2greenenergy.com/2026/06/14/white-house-lawn/
Renewable Energy
An Encounter on Tariffs
I met a fellow earlier today who, with a partner, owns and runs a company that imports a wide variety of goods into the United States from China.
I asked him, naively, how tariffs are affecting him. He said, “Well, until recently, taxes on our goods were 3.5%; now they’re 45%. I pass most of this this on to my (retailer) customer, and he passes it on to you. If you’re wondering why the price of a stick of deodorant has just gone through the roof, you’ve just figured it out.”
In retrospect, I shouldn’t have brought it up in the first place.
Renewable Energy
Trevor Noah
I met a gentleman from South Africa yesterday, and I told him that I’m sure he knows that Trevor Noah is a huge thing here in the U.S.
He replied that he doesn’t like Trevor Noah and explained that he doesn’t think politics and comedy should be mixed.
I thought that to be peculiar, as political humor has been a big deal here for centuries, and has grown mightily since the 1970s. Think of Saturday Night Live and all the late-night television hosts that have come along and achieved huge popularity.
More to the point, this is Trevor Noah’s brand. It’s what he does–and sells for a living. It’s like Nike and its swoosh and it’s “Just do it” slogan.
I have a feeling that what he objects to is the mixing of left-wing politics and comedy, because he doesn’t like to see progressive ideas promoted in society.
https://www.2greenenergy.com/2026/06/14/trevor-noah/
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