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Swift Current Energy secures a $750 million corporate credit facility to enhance U.S. energy development, backed by leading investors including Crédit Agricole CIB and ING Capital.
Wells Fargo BankRoyal Bank Of CanadaMufg BankBanco Bilboa Vizcaya ArgentariaKey Bank NationalTruist SecuritiesIng CapitalCrédit Agricole Cib
Description
Swift Current Energy has successfully closed a $750 million corporate credit facility to bolster its clean energy projects in the U.S. The facility includes an accordion option to expand capacity by an additional $250 million. It provides flexible access to cash and letter of credit capacity for ongoing large-scale energy developments. This financing enables Swift Current to meet the growing electricity demand across the country.
Company Information
Company
Swift Current Energy
Location
470 Atlantic Ave
Boston, Massachusetts, United States
About
Swift Current Energy is investing in renewable energy to create a sustainable future. Founded in 2016, the company develops, constructs, owns and operates highly competitive, utility-scale wind, solar and energy storage projects across the United States. BAES Infrastructure is the majority owner of Swift Current Energy, with the other owners being IFM Net Zero Infrastructure Fund and Lookout Ridge Energy Partners. For more information, please visit swiftcurrentenergy.com.
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BostonEnergyRenewable EnergyRenewables & Environment