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to-the-point: Greenwood Energy secures funds for 39-MW solar portfolio

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to-the-point: Greenwood Energy secures funds for 39-MW solar portfolio


September 6 (Solar) – US renewables firm Greenwood Energy has finalised a 39-MW solar portfolio financing with the local arm of Japanese conglomerate Orix Corp (TYO:8591).

The capacity is part of two separate portfolios that consist of utility-scale and commercial and industrial solar photovoltaic (PV) parks in the Northeast US and Florida. The financing was announced on Thursday by Marathon Capital, which acted as Greenwood Energy's financial advisor in the transaction.

Greenwood Energy is the North American solar power investment and development subsidiary of privately owned business group Libra, which operates in 35 countries. The company has developed 36 solar projects across eight US states with a combined capacity of over 100 MW.


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