Borrower Strategies

Rss
  • Talen Offers Investors Concession to Price H.Y. Bond

    Nov 15, 2017 - Power Finance & Risk

    Talen Energy Supply priced a high yield bond on Tuesday, but the firm had to sweeten the deal with an extra year of non-call protection for investors as sentiment remained shaky on U.S. sub-investment grade debt.
  • Talen Announces H.Y. Deal After NRG Pulls Offering

    Nov 14, 2017 - Power Finance & Risk

    Talen Energy Supply launched a $400 million refinancing on Tuesday in a wobbly high yield bond market that has recently seen three energy sector issuances pulled, including one from NRG Energy.
  • IDB Mulls Mexican Solar Securitization Funding

    Nov 13, 2017 - Michael Turner

    The Inter-American Development Bank is evaluating a possible 1 billion peso ($52 million) warehousing loan to finance a portfolio of small-scale solar projects in Mexico with a view to supporting a subsequent securitization in the local capital markets, a model the development bank has used for previous projects.
  • Exelon Offers Term Loan B Investors "New Money" Deal

    Nov 09, 2017 - Fotios Tsarouhis

    Exelon Corp. launched a $750 million term loan B backing an almost 1.8 GW U.S. renewables portfolio on Nov. 3, offering investors a rare "new money" deal during a period dominated by repricings and refinancings.
  • Exelon to Issue Term Loan B for Renewables Portfolio

    Nov 08, 2017 - Fotios Tsarouhis

    Morgan Stanley is arranging a $750 million term loan B backing a 1,791 MW portfolio of wind, solar and biomass assets owned by Exelon Corp.
  • KEPCO to Sound Out Investors for Dollar-denominated Green Bond

    Nov 08, 2017 - Richard Metcalf

    Korea Electric Power Corp. has hired three bookrunners to run an investor roadshow ahead of a potential dollar-denominated green bond issuance as it looks to build a renewables portfolio in the U.S. through acquisitions.
  • TerraForm Power Seals Upsized Term Loan B, Flexes Pricing

    Nov 07, 2017 - Fotios Tsarouhis

    TerraForm Power has increased the size of its term loan B by $50 million to $350 million and tightened the pricing during execution.
  • Tesla Prices Latest Solar ABS Deal

    Nov 06, 2017 - Max Adams

    Tesla priced an asset-backed securitization offering backed by solar lease and power purchase agreements originated by its SolarCity subsidiary on Nov. 3, selling the bonds at the tight end of price guidance.
  • Power Borrowers Plunder Hot Term Loan B Market

    Nov 03, 2017 - Richard Metcalf, Fotios Tsarouhis

    Two fossil fuel-fired generators repriced loans and TerraForm Power set out to refinance its debt this week amid borrower-friendly conditions in the leveraged finance market.
  • Guidance Issued for Tesla Solar ABS Deal

    Oct 31, 2017 - Max Adams

    Bookrunners issued pricing guidance on Tuesday for an ABS offering by Tesla backed by leases and power purchase agreements originated by its SolarCity subsidiary.
  • ITC Issues Flurry of Recommendations on Protective Solar Import Restrictions

    Oct 31, 2017 - Fotios Tsarouhis

    The U.S. International Trade Commission’s four sitting members have released three separate recommendations for temporarily restricting foreign imports of solar panels into the U.S.
  • Inkia Energy Hits Road for New Bond

    Oct 31, 2017 - Michael Turner

    Latin American generator Inkia Energy is marketing a 10-year bond this week, as the company looks to buy back $450 million of debt at a time of uncertainty over its ultimate ownership.
  • SolarCity Preps Solar Lease, PPA Securitization

    Oct 25, 2017 - Fotios Tsarouhis

    SolarCity is readying its second solar ABS transaction of 2017, a $340 million deal backed by residential rooftop solar leases and power purchase agreements.
  • Brookfield Yieldco Preps Term Loan B

    Oct 24, 2017 - Fotios Tsarouhis

    RBC Capital Markets is arranging a $300 million term loan B for TerraForm Power.
  • SolarCity Preps Eighth ABS Offering As Issuance Ramps Up

    Oct 23, 2017 - Fotios Tsarouhis

    Hot on the heels of a tightly-priced asset-backed securitization from Mosaic, Tesla-owned SolarCity is readying its second ABS issuance this year.
  • AEP Issues RFP for Ohio Solar

    Oct 19, 2017 - Fotios Tsarouhis

    AEP Ohio has issued a request for proposals for up to 400 MW of solar generation in the state.
  • Dominion Unit Calls for 300 MW of Renewables

    Oct 17, 2017 - Fotios Tsarouhis

    Dominion Energy Virginia has issued a request for proposals for 300 MW of solar and wind generation in the state.
  • Atlantic Power Seals Second Repricing this Year

    Oct 11, 2017 - Richard Metcalf

    Atlantic Power Corp. repriced its term loan B for the second time this year, following an upgrade from Moody’s Investors Service.
  • Mosaic Solar ABS Resurfaces

    Oct 10, 2017 - Max Adams

    Residential rooftop solar finance company Mosaic has refiled documents in preparation for an asset-backed securitization offering, nearly four months after the company originally filed for the deal in June.
  • Colbún Raises $500M with Seven Times Oversubscribed Offering

    Oct 09, 2017 - Richard Metcalf

    Chilean independent power producer Colbún received $3.5 billion of orders for a $500 million corporate bond last week, says a banker on the deal.
  • Atlantic Power Launches Term Loan B Repricing

    Oct 04, 2017 - Fotios Tsarouhis

    Atlantic Power Corp. is set to reprice its term loan B for the second time this year, following an recent upgrade from Moody's Investors Service.
  • Dividend Solar Prices Inaugural ABS Deal

    Oct 02, 2017 - Max Adams

    Dividend Solar priced its first solar ABS transaction at the end of last week, as market chatter around the asset class increases on the back of rumors of more issuance during last month’s ABS East industry conference.
  • Solar Industry Holds Breath After ITC Ruling

    Sep 29, 2017 - Olivia Feld, Richard Metcalf, Fotios Tsarouhis

    The U.S. International Trade Commission sent shockwaves through the solar industry when it found injury to the domestic crystalline silicon solar cell industry, based on a petition bought by bankrupt manufacturers Suniva and SolarWorld, on Sept. 22.
  • Companies, Countries Weigh in Ahead of ITC Remedy Hearing

    Sep 28, 2017 - Richard Metcalf

    A host of companies, industry groups, foreign governments and supranational organizations have filed pre-hearing briefs with the U.S. International Trade Commission following its ruling in favor Suniva and SolarWorld in their Section 201 trade case.
  • ITC Rules in Favor of Suniva and SolarWorld

    Sep 22, 2017 - Olivia Feld, Richard Metcalf, Fotios Tsarouhis

    The U.S. International Trade Commission has found injury to the domestic crystalline silicon solar cell industry based on a petition bought by bankrupt manufacturers Suniva and SolarWorld.
  • SPI: Suniva Trade Case Casts Gloom over Vegas

    Sep 14, 2017 - Olivia Feld

    Temperatures may have exceeded 90 degrees in Las Vegas at Solar Power International, but a cloud in the shape of the Suniva trade case loomed over delegates and dominated discussion.
  • Cheniere Prices Upsized H.Y. Bond to Refi Term Loans

    Sep 13, 2017 - Richard Metcalf

    Cheniere Energy Partners LP Holdings priced a $1.5 billion high yield bond on Sept. 12 to partially refinance term loans the company signed in February 2016.
  • Moody’s Reviews Yieldco Rating Ahead of Sponsor Change

    Sep 13, 2017 - Richard Metcalf

    Moody’s Investors Service is reviewing its rating of TerraForm Power’s bonds for a potential upgrade ahead of Brookfield Asset Management’s expected acquisition of the yield company.
  • Duke to Add 700 MW of Solar in Florida

    Sep 06, 2017 - Olivia Feld

    Duke Energy Florida is planning to procure 700 MW of solar generation as part of a four-year plan in the Sunshine State.
  • No Major Hurricane Damage at LNG Terminals, Says Ratings Agency

    Sep 01, 2017 - Olivia Feld

    The LNG export terminals being built in Texas and Louisiana have so far not experienced major damage due to Hurricane Harvey, says Fitch Ratings.
View Borrower Strategies Archive

Latest Community

  • Nov 17, 2017 - Fotios Tsarouhis

    Solar-powered Father-Son Team Heads to Antarctica

    The first person to walk to both the North and South poles is returning to the Antarctic, this time with his progeny—and some solar panels—in tow.

  • Small Image

    Nov 03, 2017 - Power Finance & Risk

    #PowerTweets Nov. 3, 2017

    The #PowerTweets feature tracks trends in project finance and M&A in the Americas on Twitter.

  • Small Image

    Nov 02, 2017 - Richard Metcalf

    Long-shuttered Coal-fired Plant Makes Unlikely Movie Star

    Abandoned coal-fired plants may not seem glamorous, but one such structure in New Orleans has developed a secondary career in recent years as a setting on the silver screen and TV.

Recent Tweets