Agilitas Vitality has closed on $100 million in debt financing to fund its growth and build-out of photo voltaic and power storage venture development.
Nomura Securities acted as sole bookrunner and lead arranger. Nomura Company Funding Americas acted as administrative agent on the deal.
The financing is slated to speed up Agilitas Vitality’s build-out of photo voltaic and power storage venture development, anticipated to whole 250 MW over the following three years. The corporate additionally hopes to make use of the funds for buying and creating photo voltaic, standalone storage and hybrid tasks.
“This debt financing and the start of our relationship with Nomura represents way over the capital vital for us to develop, construct and function the photo voltaic, storage and hybrid tasks that Agilitas Vitality has all the time excelled at,” says Michael Slattery, CFO of Agilitas Vitality.
“It signifies recognition and belief from a serious multinational monetary establishment that Agilitas Vitality gives unparalleled worth by means of our built-in strategy and can assist us speed up our development trajectory throughout a number of asset courses and geographies.”
