Arevon secures debt package of $183m for solar project in US [Yahoo! Finance]
INTESA SANPAOLO S/ADR (ISNPY)
NASDAQ:AMEX Investor Relations:
group.intesasanpaolo.com/scriptisir0/si09/investor_relations/eng_wp_investor_relations.jsp
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Source: Yahoo! Finance
The financing arrangement comprises a tax equity bridge loan, a construction-to-term loan and a letter of credit. Lenders Intesa Sanpaolo and Crédit Agricole acted as coordinating lead arrangers, joint bookrunners and green loan coordinators, with Crédit Agricole also serving as administrative agent. BNY took on the collateral agent role, while Latham & Watkins and Milbank acted as legal counsel for the sponsor and lenders, respectively. Additional legal support came from Husch Blackwell as sponsor local counsel and BCLP as lender local counsel. Construction at the Big Muddy Solar site began in 2025. The project is expected to employ around 250 workers during its peak construction phase. Over its operational lifetime, the facility will provide an estimated $12.6m in property tax payments to Jackson County, benefitting local services such as schools and infrastructure improvements. Once operations commence, Arevon projects that Big Muddy Solar will generate enough electric
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News
- Arevon Secures $183 Million Debt Package for its Big Muddy Solar Project in Illinois [Yahoo! Finance]Yahoo! Finance
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- Intesa Sanpaolo (OTCMKTS:ISNPY) had its "buy" rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft.MarketBeat
- Intesa Sanpaolo CEO: Tech, wealth management will help us overdeliver [CNBC]CNBC