Project Finance Brief: Invenergy Secures $1.1 Billion for Three Solar Projects
L&G NTR Clean Power Fund acquires 115 MW solar project
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Invenergy, a solar, wind, and energy storage project developer, announced closing $1.1 billion in debt financing to support the development and construction of three utility-scale solar projects totaling 590 MW in Ohio, Indiana, and Tennessee. The debt financing comprises a construction/bridge loan facility and a letter of credit facility. The projects are under construction and are expected to reach commercial operation in 2026.
