MUFG Bank acted as administrative agent and first lien collateral agent on a $1.1 billion Climate Bonds Certified financing for Geysers Power Company, which is a wholly-owned subsidiary of Calpine.
In conjunction with a $150 million capital raise by Ares Management for IGS Resi Solar III, ING arranged a seven-year, $146 million senior secured financing for IGS Resi OpCo II.
Macquarie Infrastructure Partners, BlueMountain Capital Management and Goldman Sachs Bank increased Aligned’s secured credit facility to $575 million. In addition, ING Capital, Shinhan Bank New York Branch and TD Securities joined as new facility lenders.
A syndicate of seven banks led by ING Capital extended BlackRock TCP Capital’s SVCP revolving credit facility by one year to May 6, 2024. The size of the facility remains $270 million, and the pricing and advance rates were unchanged.
ING Capital increased Petros PACE Finance’s credit facility, which was joined by a three-bank syndicate consisting of Stifel Bank, Midwest BankCentre and Providence Bank.
According to an 8K filed with the SEC, ING Capital served as administrative agent, Hancock Whitney Bank served as assuming lender and Texas Capital Bank served as documentation agent for a $30 million increase to Capital Southwest’s senior secured credit facility.
ING Capital has closed a $402 million financing for Paramount Group to fund its acquisition of Market Center a San Francisco office building.
ING Capital led a $300 million syndicated financing on behalf of GT Commodities, the North American trading hub for Gerald Group, the world’s largest employee owned metals merchant.
Pipeline Foods completed the renewal and syndication of its operating line led by Rabobank, and including ING Capital and CoBank in the syndicate.
Calpine entered into a new seven-year $750 million term loan facility. Credit Suisse served as administrative agent for the transaction.