Exus Renewables North America secured a $400-million senior secured corporate credit facility to fund the development and expansion of its wind, solar, and battery portfolio. With over 700 MW of renewable energy assets in operation or under construction, and 4.5 GW in development, Exus aims to meet the surging electricity demand from data centers, manufacturers, and industrial operations nationwide. The financing provides flexibility for development-stage expenditures, including interconnection deposits, commercial offtake, equipment procurement, and other project development expenses, allowing Exus to efficiently deploy capital across its utility-scale solar, wind, and battery storage pipeline throughout North America. Santander, Barclays Bank PLC, ING Capital LLC, and Nomura Securities International, Inc. were Coordinating Lead Arrangers for the facility, with KeyBanc Capital Markets Inc. and BHI as Joint Lead Arrangers. ING Capital LLC and Nomura Securities International, Inc. served as Green Loan Coordinators, while Banco Santander, S.A. and KeyBank National Association acted as Administrative Agent and Collateral Agent, respectively. Exus Renewables North America, with offices in Pittsburgh, New York, and Albuquerque, focuses on developing, repowering, and managing renewable energy assets to drive sustainable growth in the sector, boasting a total portfolio of over 5.8 GW, with 700 MW currently operating or under construction.

Read more at Yahoo Finance: Exus Renewables North America Closes $400-Million Credit Facility for Solar, Wind, Storage Projects