Overview
Advancing the ever-changing renewable energy market
Renewable energy isn't new to us. We’ve been pioneers in renewable investments, with our first solar project investment dating back to the 1980s. Since then, we’ve had the privilege of partnering with many companies on the cutting edge of new technology in renewables. Many renewable projects, particularly on the wind and power side, have reached grid parity over the last ten years, becoming more efficient and cost-effective thanks to advancing technologies. As a dedicated investor in the renewable markets, we finance the future of energy.
Hear Ingrida Soldatova, Debra Hemsey, Wendy Carlson, and Ty Bowman review how the power markets have evolved.
Typical size, structure, uses, and benefits ▼
Typical size
- Senior debt: $10 million - $300+ million
- Subordinated debt: $15 million - $150+ million
- Preferred equity: $10 million - $50+ million
Typical uses
- Project Financing
- Construction and Takeout Financing
- Specific projects within the renewable energy sector
- Debt Refinancing
- Debt Diversification
- Expansion and Growth Capital
- Acquisitions
- Stock buyback / recapitalization
Structural characteristics
- Emphasis on project finance, utilities, and electric cooperatives
- Emphasis on contracted assets and return on rate base
- Fixed / floating rate
- Unsecured / secured
- Maturities of 3 to 30+ years
- Amortizing or bullet maturities
- Senior debt, alongside subordinated debt / equity (if needed), for a seamless solution with a single, relationship-oriented capital provider
Issuer benefits
- Supportive, patient, relationship-oriented partner
- Deep pockets to provide follow-on capital to fund your future growth
- Understanding the complexities of the power markets
- Capacity to fund across your capital structure with senior debt, subordinated debt, and preferred equity
