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Aggreko Energy Transition Solutions Closes $66 Million Financing for its C&I and Community Solar Portfolio

Sep 09, 2024•almost 2 years ago

Contract Type

partnership

DumbartonEnergyOil And GasRenewable EnergySolarBiomass Energy

Description

Aggreko Energy Transition Solutions (ETS) has successfully closed a $66 million term loan financing for a 88.5-megawatt (MWdc) diversified portfolio of C&I and community solar assets located across New York, Texas, and California. The financing provides a distribution to ETS for its acquisition and construction costs and is structured as a delayed-draw term loan to align with project completion milestones.

Company Information

Company

Aggreko

Location

Dumbarton, Scotland, United Kingdom

About

Greener Upgrades is Aggreko's commitment to helping companies choose the most efficient and sustainable solutions to meet their net zero ambitions. It is a portfolio of newer technologies and solutions which lower carbon emissions, NOx and deliver fuel savings.

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