Santander Names Harnisch Portfolio, Underwriting & Strategy Head

Santander Bank appointed David Harnisch head of portfolio management, underwriting and strategy in its commercial banking division. Harnisch joins from Citizens Financial where he held a similar position.

Santander Names Powell President and CEO of Consumer USA Holdings

Santander Consumer USA Holdings named Scott Powell to succeed Jason Kulas as president and CEO, effective immediately.

Santander Provides $40MM Revolver to Uttam Galva NA

Santander’s Asset-Based Lending group has executed a $40 million revolving line of credit with Uttam Galva North America, an importer and distributor of steel coils based in New York.

Citi, Santander, RBC Provide Construction Loan Facility to Alterra

Alterra Power completed its $287 million financing for the Flat Top wind project in Texas with affiliates of Citi, Santander and Royal Bank of Canada.

Santander Taps Former Citizens EVP Rubino to Head Commercial Banking

Santander has named Robert Rubino co-president of the bank and managing director, head of Corporate and Commercial Banking. Michael Cleary, current head of Consumer and Business Banking, has been appointed co-president of the bank.

Goldman Sachs Leads New $175MM Facility for MediaMath

MediaMath closed a new $175 million senior secured credit facility led by Goldman Sachs, in partnership with Santander Bank.

RBS Agents $200MM Receivables Facility to PPG

Peninsula Petroleum signed a new $200 million receivables finance facility with a syndicate led by RBS Invoice Finance. The facility also contains an option to increase overall funding by a further $50 million.

Barclays, Santander, Others Provide New $340MM Facility to SMS

Smart Metering Systems secured a new £280 million ($340 million) facility to fund growth from a group of banks, including Barclays, Santander UK and Bank of Scotland.

Santander Supports Foresight Solar Acquisition of Sandridge

Foresight Solar completed its second largest acquisition, a 100% interest in Sandridge solar farm, located in Wiltshire, UK. Santander Bank provided a £55 million ($69 million) revolving credit facility to support the acquisition.

MUFG, Santander, Others Provide Financing for Pipeline Project

Nueva Era Pipeline, a subsidiary of Howard Midstream Energy Partners, closed on $353.3 million in project financing for the construction of a pipeline project.