Tag: loan

February 27, 2023

Canada-based Li-Cycle Holdings said that it received a conditional commitment for a $375 million loan from the Department of Energy’s Loan Programs Office, through DOE’s Advanced Technology Vehicles Manufacturing program. The loan would advance development of Li-Cycle’s first commercial hydrometallurgical […]

February 2, 2023

Rhode Island community bank The Washington Trust Company on Wednesday said it has provided a “significant commercial loan” to New York-based WindServe Marine LLC that will allow it to build three new crew transfer vessels (CTVs) for the offshore wind […]

December 30, 2022

Clean Energy Fuels Corp. is getting a $150 million sustainability-linked loan with Riverstone Credit Partners L.P. This financing provides Clean Energy with additional capital to execute its renewable natural gas (RNG) growth strategy as demand for RNG fuel rapidly rises. […]

October 13, 2020

A developer has shelved a 920-MW natural gas–fired power plant planned for Brooke County, West Virginia, citing “changing conditions in the energy and financial markets” and alleged coal industry interference. Energy Solutions Consortium (ESC), a single purpose entity engaged in […]

February 8, 2016

Cullen/Frost Bankers Chairman and CEO Dick Evans said Monday his stress test model looks for a $28 per barrel bottom for oil, and a historically low level of $40 per barrel out to 2020. Energy loans make up for over […]

January 25, 2016

Leading solar company SolarCity recently finalized its 5th securitization of loans, and the world’s 1st securitization of distributed solar loan assets, totaling $185 million. With an expected repayment date of March 2022, SolarCity securitization’s are offering a blended yield rate of 5.81% and […]

January 6, 2016

Swift Energy Co received U.S. bankruptcy court approval on Tuesday to borrow up to $15 million, giving the oil-and-gas exploration company time to negotiate a refinancing deal that is key to its turnaround. Swift filed for Chapter 11 on Dec. […]

December 29, 2015

Abengoa SA creditors, including Banco Santander SA and HSBC Holdings Plc, have reached a final agreement to provide the troubled renewable energy company with a 106 million-euro ($116 million) credit line to help it pay workers’ salaries and suppliers. Lenders […]