Summit Ridge Community Solar Portfolio
Sector: Solar • Location: United States
Source: Renewable Energy Magazine
Summit Ridge Energy closed a $305 million senior secured credit facility with Bank of America to support a portfolio of community solar projects across Illinois and Maryland, totaling 158 MW of capacity. The financing includes a $281 million term loan and a $24 million letter of credit facility to provide term financing for the portfolio. The projects aim to deliver reliable energy savings to 5,00
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Participants
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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
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Summit Ridge Energy closed a $305 million senior secured credit facility with Bank of America to support a portfolio of community solar projects across Illinois and Maryland, totaling 158 MW of capacity. The financing includes a $281 million term loan and a $24 million letter of credit facility to provide term financing for the portfolio. The projects aim to deliver reliable energy savings to 5,000 households and businesses, generate local tax revenue, and create 3,000 jobs in construction, engineering, and long-term operations. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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