Sustainable Power Gets Financing to Develop 144MW of Solar Projects

Sustainable Power Group has received US$168.5 million in financing to set up 144 megawatts of solar projects.

KeyBank National Association, OneWest Bank and Zions Bank provided the financing for the 25 solar assets in three separate portfolios. The back leverage financing “allows us to reduce our cost of capital and frees up resources to pursue additional projects.” said Ryan Creamer, sPower CEO.

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