sPower closes on Prevailing Winds financing

In:

Renewables

Region:

Americas

By Sean Keating

sPower has closed on the construction and bridge financing for its 220MW Prevailing Winds power project in South Dakota.The $319 million financing, which is being provided by HSBC and CIBC, comprises a $106 million construction-plus-four-year loan, a $4 million letter of credit and a $20 million...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Perspective

17 January 2025

EV gigafactory risk: Who's on the hook?

Between 2020 and Q1 2024, 12 EV gigafactory project financings signed globally, according to Exile Intelligence. But amid ongoing financial woes, how much exposure do ECAs,...

Strategic insight: ING’s Rauhala on balancing sweet and sour in structured export finance

Interview

23 January 2025

Strategic insight: ING’s Rauhala on balancing sweet and sour...

In her first interview since taking over as global head of structured export finance at ING, Anna Rauhala discusses finding the right balance between sweet and sour in the...

Must See

Non-banks or none at all? Alternative financing steps up

Perspective

10 January 2025

Non-banks or none at all? Alternative financing steps up

The commodity finance industry's well-documented flight to size has left trading houses stranded. Alternative financiers have struggled to fill the gap, but could a new non-bank borrowing base establish a template for the future?

Perspective

17 January 2025

EV gigafactory risk: Who's on the hook?

Between 2020 and Q1 2024, 12 EV gigafactory project financings signed globally, according to Exile Intelligence. But amid ongoing financial woes, how much exposure do ECAs, DFIs and banks have to this once nascent sector?

Interview

23 January 2025

Strategic insight: ING’s Rauhala on balancing sweet and sour in structured export finance

In her first interview since taking over as global head of structured export finance at ING, Anna Rauhala discusses finding the right balance between sweet and sour in the recipe to structure export financings, and her undimmed enthusiasm for the bank’s role in the energy transition and projects related to climate change.