Rabobank announced new hires on its renewable energy team to help fuel the bank’s broader growth and sustainability strategy in North America, expanding the team to include new senior bankers and its first RaboResearch analysts dedicated to the energy transition movement.
Havfram, an offshore wind company, has signed a senior secured Green ECA term loan facility to fund its two wind turbine installation vessels (WTIVs), currently under construction at CIMC Raffles.
Rabobank, a global food and agribusiness bank, named Terryn Lawrence the chief sustainability officer for North America. Lawrence brings more than a decade of executive experience.
ARM Energy Services, a private energy marketing firm, entered into a $110 million senior secured revolving credit facility with Rabobank as administrative agent, book runner and lead arranger.
Origis Energy closed an upsizing amendment to its development finance facility, doubling capacity to $750 million. With enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar and energy storage project pipeline.
Primergy Solar, a developer, owner and operator of utility-scale solar, distributed solar and energy storage, closed a $75 million revolving credit facility with Rabobank. The facility has an option to increase up to $200 million.
Oryx Stainless Group increased its financial flexibility with a syndicated credit facility in the amount of €125 million ($127.5 million), replacing the existing facility at an early stage. The transaction was agreed with six banks and runs for a period of three years, with an option to extend for a further year.
Apollo agreed to acquire Cardenas Markets, a grocery retailer focused on serving the Hispanic community, from investment funds affiliated with KKR, a global investment firm.
CleanCapital closed a credit facility of up to $200 million to support its pipeline of distributed solar and energy storage projects. Rabobank will act as mandated lead arranger, administrative agent and collateral agent for the facility.
Origis Energy, a renewable energy platform, closed a $375 million credit facility for its solar and energy storage development project pipeline.