Renewa Secures $502M Financing for Clean Energy Land Investments
Renewa, a renewable energy land financing company, has secured $502 million in financing from a consortium of leading institutional investors to support clean energy land investments across the United States. The financing will enable Renewa to further grow its portfolio of land and lease receivables that support energy development nationwide.
Source Intelligence
Renewa's total capital commitments now exceed US$1.25 billion. "With this transaction, Renewa's total capital commitments now exceed US$1.25 billion."
"Renewa , a leading provider of land-based financing solutions for clean energy infrastructure, today announced that it has secured US$502 million in financing from a consortium of leading institutional investors."
"Guggenheim Securities, LLC served as sole structuring advisor and sole placement agent"
"Orrick, Herrington & Sutcliffe LLP served as legal counsel."
"Renewa is backed by QIC and La Caisse , two of the world's leading long-term institutional investors."
"Renewa is backed by QIC and La Caisse , two of the world's leading long-term institutional investors."
Global Infrastructure Sherpa