Project Finance Brief: Capital Dynamics Secures $327 Million for a 383 MW Solar Project
C2 Energy Capital acquires a floating solar project in California
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Capital Dynamics, an independent global private asset management firm, announced that its Clean Energy Infrastructure (CEI) business had achieved a financial close on a 383 MW Eagle Shadow Mountain solar PV project Moapa River Indian Reservation in Nevada. Project financing for the project comprised $327 million in credit facilities led by MUFG Union Bank, including a $202 million construction-to-term loan facility with a tenor of construction plus five years. Commonwealth Bank of Australia and Sumitomo Mitsui Banking Corporation also provided a Letter of Credit Facility.
