Fundz

Forbright Bank Provides Financing To Two Solar Parks In Puerto Rico

RECENTLY ACQUIREDNov 16, 2022

Round Type

Funding Round

San JuanFinancial ServicesReal EstateFinanceLendingBanking

Description

Forbright Bank, a nationwide full-service bank that is helping accelerate the transition to a clean energy economy, has successfully raised and syndicated debt facilities for Infinigen Renewables, a subsidiary of ArcLight Energy Partners Fund VII, L.P., (together with its affiliates, "ArcLight").

Quick answer

Forbright Bank raised an undisclosed amount in a Funding Round round, dated November 16, 2022. Forbright Bank is based in San Juan, Puerto Rico, United States.

How much did Forbright Bank raise?
Forbright Bank raised an undisclosed amount in a Funding Round round on November 16, 2022.
What does Forbright Bank do?
Forbright Bank (www.forbrightbank.com), Member FDIC, is a full-service bank, commercial lender, and asset manager headquartered in Chevy Chase, Maryland, that is committed to accelerating the transition to a..
Where is Forbright Bank based and how big is it?
Forbright Bank is based in San Juan, Puerto Rico, United States.

Source: Fundz verified event record.

Who else raised in Financial Services and Real Estate around the same time

Companies in the same sectors as Forbright Bank that raised within 45 days of this round, from Fundz verified event records.

  • Akulaku raised $200M on December 26, 2022.
  • Recognise Bank raised $30M (Funding Round) on December 23, 2022.
  • Citizens Trust Bank raised $5M (Funding Round) on November 30, 2022.
  • Walker & Dunlop raised $385M (Funding Round) on November 18, 2022.
  • CDB Aviation raised $650M (Funding Round) on November 8, 2022.
  • Walker & Dunlop raised an undisclosed amount (Funding Round) on October 31, 2022.

Who to call at Forbright Bank, and when

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  • Who you already know at Forbright Bank, from your own LinkedIn network

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Company Information

Company

Forbright Bank

Location

San Juan, Puerto Rico, United States

About

Forbright Bank (www.forbrightbank.com), Member FDIC, is a full-service bank, commercial lender, and asset manager headquartered in Chevy Chase, Maryland, that is committed to accelerating the transition to a sustainable, clean energy economy by financing the companies, investors, and innovators driving that change. With approximately $9 billion of owned and managed assets, the Bank provides specialty lending and banking services to clients across the United States. Its lending divisions provide nationwide products, including customized real estate loans, working capital, warehouse lines of credit, and forward loan purchase agreements. The Bank provides real estate loans, mortgage loans, and other business loans, as well as sophisticated and competitive deposit products.

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Forbright Bank raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.