US-based Linea Energy, backed by EnCap Investments, has secured financing for the Pineview Solar project. The 109 MW (DC) solar facility is in Wilcox County, Georgia. Financing includes a construction-to-term loan, a tax equity bridge loan, and a letter of credit facility. First Citizens Bank and NORD/LB led the syndicate of lenders. The funding is a key milestone for the project’s advancement. It will enable the supply of clean and reliable solar power to Georgia. This project supports the state’s energy transition and local economy. Winston & Strawn advised the lenders, while Skadden, Arps, Slate, Meagher & Flom LLP represented Linea Energy.
Linea Energy secures funding for Pineview Solar Project
The Pineview Solar project financing package includes a construction-to-term loan, tax equity bridge loan, and letter of credit facility. (Image Credit/Source: Fabersam/Pixabay)
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