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.
Bruce Jackson will assume the roles of head of Santander’s U.S. auto business and CEO of Santander Consumer USA in March. Jackson will succeed Mahesh Aditya, who is taking on the role of group chief risk officer for Banco Santander in Madrid, subject to customary regulatory approvals.
Origis Energy, a renewable energy platform, closed a $375 million credit facility for its solar and energy storage development project pipeline.
Statkraft signed a five-year, $1.43 billion sustainability-linked syndicated revolving credit facility with two one-year extension options. DNB acted as sustainability coordinator and BNP Paribas acted as documentation agent for the facility.
A bank syndicate of 19 banks from eight different countries, including Barclays, Crédit Agricole CIB, Santander, Natixis, Deutsche Bank, Société Générale and BNP Paribas, arranged a $1.7 billion (€1.4 billion) sustainable revolver for Klépierre.
Santander US named Brian R. Yoshida chief legal officer and named Joe Abruzzo head of commercial banking for Santander Bank. Yoshida joined from M&T Bank and Abruzzo joined from HSBC.
BNP Paribas, Handelsbanken and Nordea acted as coordinating mandated lead arrangers and bookrunners for a €750 million revolving credit facility for UPM.
Mexico’s Profluent Plastic Technologies closed a three-part syndicated loan for MXN1.14 billion ($61.1 million) from five lenders, led by the sole bookrunner BBVA.
Santander Bank may not come to the top of mind when people think about ABL transactions. But Paul Cronin, the bank’s new ABL chief, is looking to get the message out that the Spanish based bank is in the market and ready for business.