Global Infrastructure SherpaSMBC leads financing for Clearway Energy Group's renewable energy projects
Clearway Energy Group secured $640 million in financing led by SMBC to support its renewable energy projects across the United States.
Source Intelligence
The Victory Pass and Arica solar projects will generate 463 MW of combined clean energy capacity and 186 MW of battery storage which can supply power to roughly 132,000 homes annually. The two solar projects were the first solar projects located in areas identified as suitable for renewable energy development as part of the BLM Desert Renewable Energy Conservation Plan.
"Clearway has secured about $1 billion in financing, comprised of construction loans and project letters of credit, from a bank consortium of MUFG, Sumitomo Mitsui Banking Corporation (SMBC), Societe Generale, DNB, Siemens Financial Services, CoBank, HSBC and Wells Fargo."
"Clearway has secured about $1 billion in financing, comprised of construction loans and project letters of credit, from a bank consortium of MUFG, Sumitomo Mitsui Banking Corporation (SMBC), Societe Generale, DNB, Siemens Financial Services, CoBank, HSBC and Wells Fargo."
"Clearway has secured about $1 billion in financing, comprised of construction loans and project letters of credit, from a bank consortium of MUFG, Sumitomo Mitsui Banking Corporation (SMBC), Societe Generale, DNB, Siemens Financial Services, CoBank, HSBC and Wells Fargo."
"Clearway has secured about $1 billion in financing, comprised of construction loans and project letters of credit, from a bank consortium of MUFG, Sumitomo Mitsui Banking Corporation (SMBC), Societe Generale, DNB, Siemens Financial Services, CoBank, HSBC and Wells Fargo."
"Clearway has secured about $1 billion in financing, comprised of construction loans and project letters of credit, from a bank consortium of MUFG, Sumitomo Mitsui Banking Corporation (SMBC), Societe Generale, DNB, Siemens Financial Services, CoBank, HSBC and Wells Fargo."
"Clearway has secured about $1 billion in financing, comprised of construction loans and project letters of credit, from a bank consortium of MUFG, Sumitomo Mitsui Banking Corporation (SMBC), Societe Generale, DNB, Siemens Financial Services, CoBank, HSBC and Wells Fargo."
"Clearway has secured about $1 billion in financing, comprised of construction loans and project letters of credit, from a bank consortium of MUFG, Sumitomo Mitsui Banking Corporation (SMBC), Societe Generale, DNB, Siemens Financial Services, CoBank, HSBC and Wells Fargo."
"Clearway has secured about $1 billion in financing, comprised of construction loans and project letters of credit, from a bank consortium of MUFG, Sumitomo Mitsui Banking Corporation (SMBC), Societe Generale, DNB, Siemens Financial Services, CoBank, HSBC and Wells Fargo."
"The Victory Pass project is fully contracted with two community choice aggregators, Silicon Valley Clean Energy Authority (SVCE) and Central Coast Community Energy (3CE)."
"The Victory Pass project is fully contracted with two community choice aggregators, Silicon Valley Clean Energy Authority (SVCE) and Central Coast Community Energy (3CE)."
"In addition, Arica is fully contracted with three customers, including Clean Power Alliance (CPA) and Peninsula Clean Energy."
"In addition, Arica is fully contracted with three customers, including Clean Power Alliance (CPA) and Peninsula Clean Energy."
"Battery storage systems for both projects will be supplied by Fluence, a leading energy storage provider"
"construction is being led by SOLV, a Swinerton company that provides operations and maintenance services for solar plants."
"Clearway Energy Group , a developer and operator of clean energy projects in the U.S., announced the closing of financing for two utility-scale solar and storage projects in Riverside County, California."
"Clearway has also arranged committed tax equity and a long-term common equity partner alongside Clearway Energy to invest in the development when it becomes operational."