Summit Ridge Energy Inks $275M Partnership Expansion Financing With MUFG Summit Ridge Energy and MUFG has expanded its existing partnership with the close of a $275 million financing round.
The two new debt facilities from MUFG will support the construction of up to 15 solar projects in Illinois, adding 45 MW DC to an existing fleet of over 250 MW DC across the state. The facilities will also support construction and permanent financing of up to 15 solar projects in Virginia, positioning Summit Ridge Energy with 75 MW DC planned for construction in the state next year. Together these projects aim to provide bill credits to about 13,000 homes and businesses.
“We are pleased to double-down on our partnership with MUFG, who we see as one of the premier financial institutions operating in this space, especially in this challenging debt market,” says Brian Dunn, Summit Ridge Energy’s COO. “We know we can count on MUFG’s ability to scale with our significant and growing pipeline.”
“MUFG is proud to expand our partnership with Summit Ridge Energy, the leading player in the North American commercial solar market,” adds MUFG’s Takaki Sakai,. “We were impressed with Summit Ridge Energy’s capability to develop competitive and well-structured projects. We are excited that Summit Ridge Energy is aiming to play a further role in this field by scaling up the business and look forward to continuing to support its growth.”
The upsize increases the previous $100 million partnership between Summit Ridge Energy and MUFG and creates more opportunities for job growth and economic development in both states.
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Summit Ridge Energy Inks $275M Partnership Expansion with MUFG
Obviously, this isn’t a real human being, though there are tens of millions with this perspective, so let’s treat him as if he were an actual guy.
No one’s going to hate you, because everyone with a brain supports border control and law enforcement.
You are, however, running the risk of being regarded as a moron. There are hundreds of points of domestic and international law, reason, and humanity that are being addressed every day along these lines.
Why don’t you go on keepin’ those doggies moving, and let the rest of us do our best to figure out how to treat immigrants legally and humanely?
The guy who sent me this writes Could not be any clearer than that.
We’ve all heard the adage, “If guns are outlawed, only outlaws will have guns.”
It has a nice ring to it, but it really doesn’t hold water in the real world, where counties with strict gun laws, e.g., Japan, England, and Australia have very low rates of violent crime.
Note: these countries don’t have an NRA, a fabulously wealthy lobbying organization that controls their lawmaking apparatus.
Moreover, outside the United States, it’s very hard to find a place where a potentially mentally unstable person can go into a store and walk out with a weapon of war, capable of killing 50+ people each minute.
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