Project Finance Brief: Lynher Energy Secures $67 Million for Solar Project
Greenbacker acquires 12 MW of solar projects in Colorado
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Lynher Energy, a joint venture between Napier Park Global Capital, an alternative asset manager, and Ethical Power, an integrated renewable energy solutions provider, secured a bank facility of £52.7 million (~$66.85 million), comprising development and term loans. The first use of the facility is to help finance the construction of the 26.1 MW Twitch Hill Solar project, which Lynher Energy acquired in March 2023.
