Swift Current Energy’s Post

CIBC Capital Markets' Robert Todd, Managing Director, Energy, Infrastructure & Transition, Global Investment Banking, joined the latest episode of Energy Unplugged, hosted by Marc Hedin of Aurora Energy Research, to discuss Long Duration Energy Storage (LDES) and how this space is gathering momentum as its pivotal role in supporting the Energy Transition.   Listen to the episode here: https://lnkd.in/diQq5kZ   #EnergyTransition #RenewableEnergy #LDES

Low Carbon and Lloyds Banking Group have entered into a corporate power purchase agreement. Under the ten-year deal, Lloyds Banking Group will annually procure 50 gigawatt-hours of clean electricity from Low Carbon. The power will be generated by Low Carbon's Meadow Solar Farm in Hampshire and Pepperhill Solar Farm in Staffordshire, both in the UK, with production set to commence in 2025. EDF Business Solutions will facilitate route-to-market services for Low Carbon, allowing the energy from the solar farms to contribute to powering Lloyds Banking Group's UK property estate and preventing more than 21,000 tonnes of CO2 emissions annually. Click the link below for the full story and follow us for daily mandates & news. #solar #solarenergy #renewables

Swift Current Energy Secures 312.5 Million Green Loan, Expands Credit Facility to Fuel Growth in Clean Energy Projects Today, Swift Current Energy announced an increase in its revolving credit facility from $225 million to $312.5 million. This expanded credit facility, designated as a Green Loan, will now mature in 2026. The financing is supported by a consortium of lenders including National Australia Bank, Natixis, First Citizens Bank, KeyBank, Mitsubishi UFJ Financial Group (MUFG), and Canadian Imperial Bank of Commerce (CIBC). KeyBanc Capital Markets acted as the coordinating lead arranger, with CIBC serving as the green structuring agent. Swift Current Energy has a robust pipeline of more than 10 gigawatts (GW) of wind, solar, and battery energy storage projects […] Read the full story here: https://lnkd.in/d7GqfE4f #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #america #cibc #cleanenergy #greenloan #northamerica #swiftcurrentenergy

Palisade Investment Partners has refinanced a A$258 million ($171 million), 10-year debt facility for Intera Renewables. The facility is underwritten 50% by existing lender MUFG Bank, with Deutsche Bank AG providing cornerstone participation for the remaining 50%, introducing them as a new lender to the platform. Intera, established in March 2023, consolidates five of Palisade’s operational renewable energy assets into a single entity. The platform aims to drive long-term value creation through organic growth and new project development while offering investors stable income returns from its high-quality portfolio. “The refinancing represents a major achievement for Intera and is a natural evolution of the platform’s capital structure following its establishment,” said Palisade Executive Director Simon Parbery. “The facility significantly de-risks Intera’s financing profile over the long-term, while at the same time achieving attractive pricing and terms, leading to enhanced equity returns for investors.” The new 10-year tranche replaces a short-term bridge tranche from Intera’s establishment, offering improved pricing and terms. Intera’s financing structure leverages its highly contracted, geographically diverse cash flows for superior terms and strategic flexibility. “We are delighted to support Intera Renewables with this innovative refinancing solution that combines our long-standing relationship with Palisade and our ability to underwrite long tenor solutions for distribution across our Japanese, institutional and broader Asian investor base,” stated Paul Martin, MUFG’s Head of Project Finance, Oceania. “MUFG has historically been a strong supporter of Palisade’s renewable energy assets, and we look forward to further opportunities to support Palisade’s and Intera’s growth in this sector.” Rachel Chia, Deutsche Bank’s Head of Project Finance Asia Pacific, noted: “We are pleased to play a significant role in the refinancing of Intera’s portfolio and showcase our capabilities in long term financing. This continues to demonstrate DB’s commitment to sustainable financing and solidifies our relationship with Palisade and Intera.” Palisade’s Renewable Energy Fund (PREF) holds a 50% ownership interest in Intera, alongside Palisade’s Diversified Infrastructure Fund (PDIF) and co-investors. The fund targets investments in both operating and development-phase renewable assets in Australia and is currently open to new commitments. Intera’s assets include Hallett 1 Wind Farm, Snowtown 2 Wind Farm, Granville Harbour Wind Farm, Macarthur Wind Farm, and Ross River Solar Farm, with a combined capacity of about 1 GW. Macquarie Capital, King & Wood Mallesons, and White & Case LLP advised on the transaction. #cleanenergy

In advance of #EarthDay, what's ahead for the renewable energy sector? Discover where the opportunities and challenges lie in the latest Market Decode video. #EarthDay #Renewable #Energy

Great to see the adoption of capital recycling and balance sheet management via SRT in the energy transition lending space.

Does renewable energy hold long-term potential for investors? Watch the latest Market Decode video for a closer look at potential opportunities and challenges.

Does renewable energy hold long-term potential for investors? Watch the latest Market Decode video for a closer look at potential opportunities and challenges.

Does renewable energy hold long-term potential for investors? Watch the latest Market Decode video for a closer look at potential opportunities and challenges.

🎉Major Solar News!🎉 🎯 #SUNN:Cboe/ #SUUNF:OTC/ #GY2:FRA, SOLARBANK TO ACQUIRE SOLAR FLOW-THROUGH FUNDS LTD. IN ALL STOCK TRANSACTION VALUED AT $45 MILLION🎯 ✅Solarbank Corp. has entered into a definitive agreement with Solar Flow-Through Funds Ltd. (SFF) to acquire all of the issued and outstanding common shares of SFF through a plan of arrangement for an aggregate consideration of up to $41.8-million in an all-stock deal. The transaction values SFF at up to $45-million, but the consideration payable excludes the common shares of SFF currently held by Solarbank. ✅Through the transaction, Solarbank will acquire SFF's 70 operating solar power sites, along with its pipeline of battery energy storage projects (BESS) and electric vehicle charging stations. ✅Highlights and Benefits of the Transaction: 👉Continues Solarbank's strategy of creating value for all stakeholders by growing its portfolio of cash-generating independent power producer assets; 👉28.8 MW (megawatts) of long-life assets that have favourable feed-in tariff rates into the 2030s; 👉Expansion into ownership of battery energy storage projects (14.97 MW) and electric vehicle charging stations -- both key components of the net-zero energy transition; 👉All-stock transaction preserves cash for continued financing of the company's development pipeline. ✅Dr. Richard Lu, President & CEO of Solarbank commented: "This acquisition advances our strategy of creating stakeholder value through growing our portfolio of high-quality cash-generating independent power producer assets. Solarbank was actively involved in the construction of many of Solar Flow-Through's projects and knows the assets well. They all have long term government power purchase agreements at favorable rates that continue into the next decade." ✅Matthew Wayrynen, CEO of Solar Flow-Through commented: "Solar Flow-Through has been working closely with Solarbank for over a decade now. We look forward to aligning our efforts toward a shared mission of expanding and diversifying the Solarbank portfolio, increasing long-term shareholder value and contributing to a sustainable future....." 👉Full PR https://bit.ly/3xbYW5h 👉Visit SolarBank www.solarbankcorp.com #Solar #esginvesting #renewableenergy #OTCQB #CBOE