sPower closes US$500 million refinancing
- Canadian Imperial Bank of Commerce (CIBC)
- Credit Agricole
- KeyBanc Capital Markets
- Société Générale
- Wells Fargo
- CohnReznick Capital Markets
- Stoel Rives LLP
- Skadden, Arps, Slate, Meagher & Flom
sPower has announced that it recently closed a US$498.7 million investment grade private placement financing. The financed portfolio represents approximately half of sPower’s 1.3 GW of operating portfolio. The portfolio is comprised of four previously financed tax equity partnerships with four leading financial investors.
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