Aggreko Energy Transition Solutions (ETS), a division of Aggreko, an energy solutions company, closed a $66 million term loan financing for a 88.5-megawatt (MWdc) diversified portfolio of C&I and community solar assets. KeyBanc Capital Markets led the transaction and served as the administrative agent.
“We are thrilled to be building upon our long-term relationship with KeyBank to fuel the growth of our C&I and community solar portfolios for our customers,” Jerry Polacek, president of Aggreko ETS, said. “Through this transaction, we’re able to demonstrate the value creation of the projects that we’re bringing online and reinvest funds into the next wave of solar and battery storage assets under development.”
“We are excited to lead Aggreko ETS solar portfolio financing and look forward to our continued support of these projects for many years to come,” Andy Redinger, head of KeyBanc Capital Markets’ utilities power and renewable group, said.
