CPV Generation Holdings secures $825 million financing for Shore and Maryland Power Plants, enhancing financial flexibility. This financing includes a term loan, a letter of credit, and a revolving credit facility.
Amount Raised
$825 Million
Round Type
Debt Financing
BraintreeDescription
OPC Energy announced that its subsidiary CPV Generation Holdings entered a new $825 million financing agreement. The financing consolidates existing project-level debt under a single facility. The funds will refinance existing project debt and provide a $130 million dividend to CPV Group. This new structure will support ongoing working capital requirements.
Who to call at CPV, and when
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