Longroad Energy secures $600M for renewable growth

Longroad Energy secures $600 million debt financing for wind, solar, and battery growth. Financing comprise a $275 million term loan, $175 million revolving credit, and a $150 million letter of credit. Following a $500 million equity investment in August 2022, this capital boosts the shift to project ownership. Apterra Infrastructure Capital leads the syndicated credit facility.