US renewables and energy storage investor Eolian LP announced on Tuesday the arrangement of USD 390 million (EUR 360.3 million) in renewable energy financing.
This funding is secured by a diverse group of eligible green project assets developed by the company.
The financing package includes a USD 315 million renewable energy green loan and a USD 75 million revolving credit facility. The arrangement was closed with Santander Corporate & Investment Bank, MUFG, National Australia Bank, Natixis, Lloyds Bank, and SMBC.
Founded in 2005, Eolian is backed by Global Infrastructure Partners (GIP). Its portfolio includes battery energy storage projects such as the Madero and Ignacio plants, and the company also develops and invests in renewable energy and clean molecule projects across the US.
