MN8 Energy Senior Secured Notes Offering
Sector: Solar • Location: USA
Source: Renewables Now
US renewable energy services producer MN8 Energy LLC, a spin-off of Goldman Sachs Asset Management, has raised USD 575 million from an offering of senior secured notes to repay some of its debt and support its portfolio. The notes are backed by a 972-MW portfolio of distributed generation and utility-scale photovoltaic solar projects and a 75-MW/four-hour battery energy storage system. The 29 proj
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | awarded |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | US renewable energy services producer MN8 Energy LLC, a spin-off of Goldman Sachs Asset Management, has raised USD 575 million from an offering of senior secured notes to repay some of its debt and support its portfolio. The notes are backed by a 972-MW portfolio of distributed generation and utility-scale photovoltaic solar projects and a 75-MW/four-hour battery energy storage system. The 29 projects are spread across nine states. Funds will be used to repay project debt and finance a distribution to be reinvested across the company's broader portfolio. The deal includes delayed funding tranches coinciding with project completion milestones and will enable MN8 to fully refinance a USD 612 million construction bridge financing facility for three solar projects totaling 517 MW. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |