Headquartered in Texas, Treaty Oak Clean Energy has secured a $300 million corporate credit facility to support its 17.3 GW clean energy pipeline across the US. The financing was arranged by ING, Nomura, and SMBC, with ING serving as Green Loan Agent and Nomura as Administrative Agent. PEI Global Partners acted as financial advisor, with Latham & Watkins and Norton Rose Fulbright serving as legal counsel. The funds will be used for interconnection and offtake letters of credit, equipment procurement, and other corporate needs. Treaty Oak has already begun construction on a 100 MW solar project in Arkansas and plans to start an additional 385 MW in Louisiana this year. To date, 485 MW of its portfolio has signed or exclusive offtake agreements, with over 1 GW currently under negotiation.
Treaty Oak Clean Energy secures $300M facility to advance 17.3 GW US pipeline
A $300 million facility secured by Treaty Oak Clean Energy from ING, Nomura, and SMBC supported its 17.3 GW renewable pipeline across US markets.
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