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Stock impact report

esVolta Secures $185 Million Credit Facility [Yahoo! Finance]

Nomura Holdings Inc ADR American Depositary Shares (NMR) 
US:NYSE Investor Relations: nomuraholdings.com/investor
Company Research Source: Yahoo! Finance
The credit facility will provide esVolta with access to additional development capital and credit support to secure obligations principally relating to interconnection, power purchase agreements, equipment deposits as well as early pre-NTP construction funding for the company's growing 20+ GWh pipeline of standalone energy storage assets across the United States . As the country continues to build intermittent renewable energy assets to decarbonize the grid, firm and reliable storage is needed more than ever. This financing will enable esVolta, one of the most trusted developers and operators of grid-scale energy storage, to increase its ability to green the electric grid while meeting the reliability needs of energy customers in communities across its portfolio. Nomura Securities International, Inc. acted as Sole Lead Arranger and Bookrunner and Nomura Corporate Funding Americas, LLC acted as Administrative Agent (together, "Nomura"). Copenhagen Infrastructure Partners through its Show less Read more
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