CIT, a division of First Citizens Bank, announced its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation facility in Gaffney, SC.Onward Energy Inc. is acquiring the...
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November 18, 2022, 07:10 AM
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CIT, a division of First Citizens Bank,vannounced that its Power and Energy business served as coordinating lead arranger of construction financing for a major new solar energy project in Texas. Avantus (formerly 8minute) is the developer of...
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November 04, 2022, 07:21 AM
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CIT, a division of First Citizens Bank, announced its Power and Energy business served as sole lead arranger of financing for the development of Swell Energy’s pipeline of new behind-the-meter commercial energy storage projects in California.The...
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August 03, 2022, 07:15 AM
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CIT, a division of First Citizens Bank, announced its Power and Energy business arranged $88 million in financing for a 173-megawatt stand-alone merchant battery storage facility in Texas.The borrower, Wolf Tank Storage, is an affiliate of Aypa Power...
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July 21, 2022, 07:10 AM
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CIT, a division of First Citizens Bank, announced its Power and Energy business served as coordinating lead arranger on $714 million in financing for a portfolio of thermal generation assets in California.The proceeds were used to refinance a...
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May 12, 2022, 07:20 AM
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Origis Energy announced the close of a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund...
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May 04, 2022, 07:20 AM
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CIT, a division of First Citizens Bank, announced its Power and Energy business served as lead arranger of $50.5 million in financing for construction of Amp’s NY3 assets, a planned portfolio of new community solar installations in New York State.CIT...
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January 24, 2022, 07:15 AM
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CIT Group Inc. announced its Power and Energy business led the refinancing of a $69 million portfolio of solar facilities owned and operated by Strata Clean Energy LLC, an integrated solar and storage energy service provider based in North...
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December 03, 2021, 07:12 AM
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CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger on nearly $210 million in financing for a solar project in Brazoria County, TX. Located in the Greater Houston power market, Brazoria West Solar Project is a...
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November 30, 2021, 07:15 AM
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CIT Group Inc. announced that its Power and Energy business served as sole lead arranger for $67.8 million in financing for construction of the new AMP NY2 community solar and storage portfolio.CIT led the financing on behalf of Amp Energy, which is...
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November 01, 2021, 07:16 AM
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CIT Group Inc. announced its Power and Energy business served as lead arranger for $68.4 million in financing for the acquisition of Crane Solar, a 150-megawatt solar farm located in Crane County, TX, and an adjacent 25-megawatt battery...
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July 14, 2021, 07:06 AM
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CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger for approximately $200 million in financing for the 149-megawatt Big River solar power project in White County, IL.The project sponsor is D. E. Shaw Renewable...
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May 28, 2021, 07:22 AM
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CIT Group Inc. announced its Power and Energy business served as a co-lead arranger on a $93.3 million financing for a portfolio of six battery energy storage systems located in Texas.The battery energy storage systems (BESS) are owned by Key Capture...
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February 12, 2021, 07:10 AM
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CIT Group Inc. announced its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider based in North Carolina.The...
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January 14, 2021, 06:55 AM
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CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger on a $323 million refinancing of the Coso Geothermal power facility in Southern California.Originally developed in 1987, the 142-megawatt Coso Geothermal...
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December 15, 2020, 07:15 AM
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CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, TX.7X Energy is a...
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December 10, 2020, 07:15 AM
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CIT Group announced its Power and Energy business served as coordinating lead arranger on a $151 million financing for the 250-megawatt Galloway I solar farm planned for Concho County, TX.The financing was arranged on behalf of Skyline Renewables and...
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October 30, 2020, 07:04 AM
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CIT Group Inc. announced its Power and Energy business was named Renewable Energy Lead Arranger of the Year by Power Finance & Risk, a top publication covering the energy project finance industry.CIT’s Power and Energy business was selected by the...
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September 09, 2020, 07:11 AM
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CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger on a $266 million financing for Longroad Energy’s 331-megawatt Prospero 2 solar project in Andrews County, Texas.A leader in renewable energy project...
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August 27, 2020, 07:20 AM
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CIT Group Inc. announced its Power and Energy unit served as sole lead arranger on a $162 million financing for the East Blackland Solar Project in Travis County, TX.The financing was arranged on behalf of Recurrent Energy LLC, a wholly owned...
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August 19, 2020, 07:20 AM
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CIT Group Inc. announced its Power and Energy business served as lead arranger for approximately $185 million in financing for a 66-megawatt portfolio of community solar projects.The financing was arranged on behalf of Clearway Energy Group, one of...
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August 11, 2020, 07:20 AM
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CIT Group Inc. announced that its Power and Energy unit served as lead arranger on a $126 million financing for the 108-megawatt (MW) direct current Trent River Solar project in Pollocksville, NC.The financing was arranged on behalf of solar project...
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July 17, 2020, 07:20 AM
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CIT Group Inc. announced its Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts Mill Solar project in Edgecombe County, NC.The project is owned by Kayne Anderson Capital Advisors L.P., a...
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July 08, 2020, 07:09 AM
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CIT Group Inc. announced its Power and Energy unit served as sole lead arranger on an $85 million financing for the 80-megawatt Pioneer Solar project near Denver, CO.The financing was arranged on behalf of project sponsor Idemitsu Renewables...
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June 25, 2020, 07:10 AM
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CIT Group Inc. announced its Power and Energy business served as sole coordinating lead arranger for a $225 million letter of credit facility on behalf of 8minute Solar Energy, a developer of renewable energy projects nationwide.8minute intends to...
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June 02, 2020, 07:15 AM
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CIT Group Inc. announced it has won three Stevie American Business Awards for business excellence. The awards include a Gold award for Achievement in Management – Banking, a Silver award for FinTech Solution and a Silver award for Corporate Social...
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May 28, 2020, 07:21 AM
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CIT Group Inc. announced its Power and Energy unit served as lead arranger on a $217 million financing for the 200-megawatt Hillcrest solar photovoltaic project in Brown County, Ohio.The financing was arranged on behalf of Innergex Renewable Energy...
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May 08, 2020, 07:25 AM
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CIT Group Inc. announced its Power and Energy business served as lead arranger for a $140 million financing for esVolta, a leading developer of utility-scale energy storage systems for renewable energy projects.The portfolio consists of more than 136...
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February 25, 2020, 07:25 AM
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CIT Group Inc. announced its Power and Energy unit served as sole lead arranger on a $42.8 million in debt financing to support NY Solar Farms, a 70-megawatt community solar portfolio located in central and northeastern New York State.The solar...
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January 28, 2020, 07:10 AM
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CIT Group Inc. announced its Power and Energy unit arranged approximately $200 million in financing for a 76-megawatt portfolio of community solar projects in four states.The financing was arranged on behalf of Clearway Energy Group, one of the...
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January 22, 2020, 07:20 AM
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CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger for $140 million in debt financing to support construction of the Lotus Solar Farm, a 67-megawatt solar project in Madera, CA. Concurrent with financial close...
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September 11, 2019, 07:20 AM
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CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger for $204.5 million in debt financing to support construction of Holstein Solar, a 200-megawatt solar farm to be built in Nolan County, TX. Concurrent with...
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July 24, 2019, 06:15 AM
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CIT Group Inc. announced its Power & Energy business served as the coordinating lead arranger on a $416 million debt financing supporting Longroad Energy’s 379-megawatt Prospero solar facility to be built in Andrews County, TX.Founded in 2016 and...
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May 31, 2019, 07:24 AM
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