The power and energy business of CIT, a division of First Citizens Bank, served as lead arranger on $50.5 million in financing to support the construction of Amp Energy’s NY3 assets, a planned portfolio of new community solar installations in New York.

CIT’s power and energy business served as sole lead arranger for $67.8 million in financing for the construction of the new AMP NY2 community solar and storage portfolio. CIT led the financing on behalf of Amp Energy.