NORD/LB acted as the coordinating lead arranger, while Rabobank, Santander, KeyBanc, CIT, and CIBC will provide project-level construction debt, LC facilities and a back-leveraged term facility.
"At a time when the US utility-scale solar industry is experiencing record growth, top tier financiers find high-quality solar projects to be an attractive asset class," says Shawn Qu, chief executive of Canadian solar.
"We are proud to partner with this leading group of lenders on the Tranquillity project which underscores our broader team's ability to consistently deliver bankable solar projects," he adds.
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