CalEnergy Operating Corporation Secures Financing for Geothermal Plant Expansion
USD200M
Deal Value
40 MW
Capacity
CalEnergy Operating Corporation secured $200 million in financing from MUFG and Societe Generale to expand its geothermal power plant in California by 40 MW. The expansion will increase the plant's capacity and provide more clean energy to the grid.
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Counterparts (3)
Lender
MUFG
Mitsubishi UFJ Financial Group (MUFG) is a global financial group. They provide financial services, including banking, trust banking, and securities, and are involved in sustainability initiatives, including financing for projects that contribute to a carbon-neutral society.
Societe Generale
Societe Generale has participated in two verified deals, focusing on renewable energy. They acted as a lender in a $1.1 billion solar project in Saudi Arabia and formed a joint venture partnership targeting renewable energy assets, including solar, onshore wind, and storage.
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Sign up free →Timeline
Announced
Jun 20, 2025
Signed
Closed
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