Longroad Energy secures US$600 to grow renewables portfolio

Longroad Energy will use the funds to expand its operational capacity to over 9GW by 2027. Credit: Longroad Energy

US renewables developer Longroad Energy has secured US$600 million in debt financing to grow its renewables portfolio.

The credit facility consists of a US$275 million term loan, a US$175 million revolving credit facility, and a US$150 million letter of credit facility.

(The above content is reproduced from pv-tech,BySimon Yuen


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