Summit Ridge Energy and HASI have closed a $309 million back-leveraged term loan on a portfolio of 80 operating community solar projects.
The 216 MW portfolio, built by Summit Ridge, includes ground-mount and rooftop community solar projects throughout Illinois and Maryland.
“We’re thrilled to partner with Bank of America, Nomura Securities International, Prudential Private Capital and MetLife Investment Management to close this significant investment, which demonstrates the appetite for community solar as an asset class within the capital markets,” says Adam Kuehne, CIO at Summit Ridge Energy.
“We’re also proud of our five-year community solar partnership with HASI and invigorated by the finance community’s confidence in our joint portfolio and approach. Our team is committed to continue investing in and expanding access to clean, renewable energy for communities nationwide.”
Lenders included Bank of America, Nomura Securities International, Prudential Private Capital and MetLife Investment Management. Bank of America acted as the sole structuring and placement agent and joint lead arranger. Nomura acted as the joint lead arranger.
The projects are owned by Summit Ridge Capital Holdings, a joint venture between Summit Ridge Energy and HASI.
The post Summit Ridge, HASI Finance Community Solar Portfolio Across Illinois and Maryland appeared first on Solar Industry.
Summit Ridge, HASI Finance Community Solar Portfolio Across Illinois and Maryland
Obviously, what MTG says here is good news, but really? Is she sincere, or did she realize that it was to her political advantage?
I’m highly suspicious. Until this reversal, she was known for her positions as a white supremacist, antisemite, QAnon conspiracy theorist (including Pizzagate), anti-vaxxer, and Putin supporter, and for aiding and supporting attempts to overturn the results of the 2020 election.
Now, out of nowhere, she’s a sane individual?
The lifecycle of someone like Tucker Carlson and the others mentioned at left:
a) They’re on Fox News or maybe they have their own podcast, spouting pro-Trump crap.
b) They see what they should have seen from the start, i.e., that Trump is criminally insane, and the say so publicly.
c) Trump calls them “low IQ.”
Doesn’t this garbage have a limited shelf-life? Are voters going to buy this indefinitely?
At left see we what it’s like when a formerly great country is being led be a moron.
Will “they better stop now!” lay this issue, the precursor to World War III, to rest?
A World Superpower Pays Heavy Costs to Be Led by a Spoiled Child
-
Climate Change8 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases8 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Climate Change2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change Videos2 years ago
The toxic gas flares fuelling Nigeria’s climate change – BBC News
-
Renewable Energy6 months agoSending Progressive Philanthropist George Soros to Prison?
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits