Sunvest Solar Closes $154 Million Of Debt And Tax Equity Financing For 56 Mw Solar Portfolio
12/13/22, 8:56 PM
Location
pewaukee
Money raised
$154 million
Industry
renewable energy
energy
SunVest Solar LLC, a leading independent, vertically integrated solar business, is pleased to announce the closing of a $113 million debt facility led by Silicon Valley Bank, the bank of the world's most innovative companies, and $41 million of tax equity from Rockwood Group, through its partnership with Fortune 250 Guardian Life Insurance Company of America. The facility will support the construction and operation of a 56 MW portfolio of solar projects in Illinois, Maine, Minnesota and Wisconsin.
Company Info
Location
pewaukee, wisconsin, united states
Additional Info
SunVest is a rapidly growing leader in renewable energy, establishing itself as a vertically integrated distributed generation platform with expertise across the value chain, including development, construction, financing and operations. SunVest is advancing an industry-leading pipeline of nearly 2 gigawatts of development projects, with a growing portfolio of assets under management expected to reach 250 megawatts in 2023. SunVest is headquartered in Chicago, Illinois and metro Milwaukee, Wisconsin. For more information, visit www.sunvest.com.