Sep 12, 2011
- Sara Rosner
Investment shop Cate Street Capital has wrapped a financing package backing its $275 million, 75 MW wood waste-fired biomass project in Berlin, N.H. EA Markets is the advisor on the deal that closed last week. The financing consists of a $200 million private placement with remaining costs funded by an undisclosed tax equity investor, equity from Portsmouth, N.H.-based Cate Street and from another undisclosed investor. The plant, which was a former paper mill, has a 20-year power purchase agreement with Public Service of New Hampshire and a long-term fuel supply agreement with Richard Carrier Trucking. Operation is slated for the end of 2013.
Set up your account today for full access to Power Finance & Risk.
Join our readership!
Want unlimited access, but don't feel quite ready to subscribe?
Feb 07, 2020 - Taryana Odayar
As lenders and borrowers prepare to say goodbye to Libor, also known as “the most important number in finance,” are project finance professionals ready? Taryana Odayar investigates.
Jan 24, 2020 - Power Finance & Risk
A panel of solar securitization experts gathered in December to discuss the progress of the solar ABS market and what the future holds for this emerging asset class. Sponsored by Credit Suisse.
Dec 24, 2019 - Power Finance & Risk
As 2019 draws to a close, we took a look at the stories that captured the attention of PFR subscribers over the past 12 months.
© 2020 Euromoney Institutional Investor PLC. All material subject to strictly enforced copyright laws.
Please read our Terms and Conditions,