Leeward Renewable Energy Closes Financing For The Aragonne Repower And Aragonne Mesa Wind Projects
Round Type
Funding Round
United StatesEnergyRenewable EnergyBiomass EnergyDescription
Leeward Renewable Energy, LLC (Leeward) today announced that it has closed construction financing and secured tax equity commitments for the repowering of Leeward’s 90 megawatt (MW) Aragonne Wind project (Aragonne Repower) and the construction of the new 145 MW Aragonne Mesa Wind project (Aragonne Mesa). Wells Fargo served as coordination lead arranger, administrative agent and collateral agent on the $262 million financing, which included a construction plus five-year term loan, tax equity bridge loan and a letter of credit facility. Santander served as a joint lead arranger.
Quick answer
LRE raised an undisclosed amount in a Funding Round round, dated July 8, 2021. LRE is based in United States.
- How much did LRE raise?
- LRE raised an undisclosed amount in a Funding Round round on July 8, 2021.
- What does LRE do?
- Leeward Renewable Energy (LRE) is a renewable energy company founded in Texas in 2003 that owns and operates more than 30 wind, solar, and energy storage projects totaling over 4 GW across the United States.
- Where is LRE based and how big is it?
- LRE is based in United States.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as LRE that raised within 45 days of this round, from Fundz verified event records.
- Altius Renewable Royalties Corporation raised $35M (Funding Round) on August 3, 2021.
- Altius Renewable Royalties Corporation raised $20M (Funding Round) on July 21, 2021.
- Nexamp raised $119M on August 18, 2021.
- Tynt Technologies raised $5.5M on August 13, 2021.
- NuScale Power raised $200M (Corporate Round) on August 3, 2021.
- Terra-Gen raised an undisclosed amount (Funding Round) on August 2, 2021.
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