Leeward Renewable Energy secures $1.25 billion construction warehouse financing
Type: Financing · Technology: Solar, Storage · Country: United States · Capacity: 890 MW · Value: $1.25B · Announced: 2024-12-19
Leeward Renewable Energy closed a $1.25 billion three-year revolving construction warehouse facility to fund the construction of six contracted wind, solar and battery storage projects (nearly 1 GW) and support its multi-year build plan.
Counterparties
- Canadian Imperial Bank of Commerce (Coordinating Lead Arranger)
- Wells Fargo Bank, N.A (Administrative Agent)
- Leeward Renewable Energy (Borrower)
- Fédération des Caisses Desjardins du Quebec (Lender)
- Banco Bilbao Vizcaya Argentaria S.A (Lender)
- NATIXIS (Lender)
- First Horizon Bank (Lender)
- Truist Securities, Inc (Lender)
- Intesa Sanpaolo S.p.A (Lender)
- BNP Paribas (Lender)
- National Bank of Canada (Lender)
- Royal Bank of Canada (Lender)
- Wells Fargo Securities, LLC (Coordinating Lead Arranger)
- MUFG Bank, Ltd (Lender)
- Standard Chartered Bank (Lender)
- Sumitomo Mitsui Banking Corporation (Lender)
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