Project Finance Brief: Origis Energy Secures $375 Million Credit Facility
Matrix Renewables secures $89 million financing for 129 MW solar project in Spain
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Origis Energy, a vertically integrated renewable energy platform and a solar project developer, closed a $375 million credit facility for its solar and energy storage development project pipeline. The facility comprises a letter of credit and equipment financing to fund the company’s clean energy projects. CIT, a division of First Citizens Bank, along with Deutsche Bank, HSBC, Nomura, Rabobank, and Santander, was coordinating lead arrangers of the facilities. The company owns a 20+ GW pipeline comprised of utility-scale and distributed generation projects across solar, solar plus storage, and stand-alone storage technologies.
