Borrower Strategies

  • Soltage Secures Funding from Pru

    Jun 17, 2019 - Ila Patel

    Distributed solar developer Soltage has secured funding from Prudential Capital Group to grow the business and support its acquisition and development of new solar projects as well as other initiatives.
  • Leadership Shake-up as Cypress Creek Seeks to Refocus

    Jun 06, 2019 - Shravan Bhat

    A leadership overhaul has taken place at a pared-down Cypress Creek Renewables as the company seeks to sell its highly-levered 1.5 GW solar portfolio and grapples with a legacy of expensive mezzanine capital.
  • Chilean Renewables Procurement Hots Up

    May 28, 2019 - Stuart Wise

    A miner and a retailer are among the latest corporations in Chile to sign up for renewables through energy supply agreements with energy retailers rather than power purchase agreements with individual wind and solar projects.
  • Avangrid, NStar Go Head-to-head with Green Bonds

    May 14, 2019 - Richard Metcalf

    Renewables developer Avangrid and Massachusetts utility company NStar Electric tested bond portfolio managers’ appetites for greens today, as both came to the investment grade market with similar deals.
  • IPPs Attempt Synchronized High Yield Offerings

    May 10, 2019 - Shravan Bhat

    NRG Energy and Talen Energy Supply both dove into the high yield market this week, launching bonds totaling $1.483 billion.
  • Talen Upsizes High Yield Offering

    May 09, 2019 - Shravan Bhat

    Talen Energy Supply priced a senior secured note offering yesterday, increasing the size of the deal from an expected $500 million to $750 million.
  • IPPs Attempt Synchronized High Yield Offerings

    May 07, 2019 - Shravan Bhat

    NRG Energy and Talen Energy Supply both dove into the high yield market today, launching bonds totaling $1.233 billion, although only one of them managed an intraday pricing.
  • Recurrent Finds Developer Debt

    Apr 02, 2019 - Shravan Bhat

    Canadian Solar subsidiary Recurrent Energy has secured a letter of credit facility to fund development work as it grows its North American solar portfolio.
  • NextEra Follows Up Senior Bond Issuance with Hybrids

    Apr 01, 2019 - Richard Metcalf

    Having raised $2.7 billion with a senior bond issuance last week, NextEra Energy returned to the capital markets today with a hybrid capital offering to refinance another chunk of its Gulf Power Co. acquisition debt.
  • Calpine Taps Morgan Stanley to Refi Term Loan

    Mar 28, 2019 - Shravan Bhat

    Morgan Stanley is left lead on a $950 million senior secured term loan B refinancing for Calpine Corp. that is expected to close next week.
  • NextEra Raises $2.7B with Four-tranche Bond Offering

    Mar 28, 2019 - Richard Metcalf

    NextEra Energy hit the corporate bond market on Thursday, raising $2.7 billion across four maturities to partly repay four separate loans signed on the last day of 2018 to fund its acquisition of Gulf Power Co.
View Borrower Strategies Archive

Latest Community

  • May 16, 2019 - Taryana Odayar

    PG&E to Graduates: Party's Over, No More Balloons

    With graduation festivities in full swing across the Golden State, PG&E has begun warning customers about the dangers of helium-filled metallic balloons, using the slogan, ‘Look Up and Live!’

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    Apr 11, 2019 - Power Finance & Risk

    Platts Vegas 2019: Reporter’s Notebook

    Gusts of up to 46 mph in Las Vegas this week did not dampen the spirits of attendees of the S&P Global Platts 34th Annual Global Power Conference, but did put paid to plans for open air cigar parties. PFR editor Richard Metcalf and reporter Taryana Odayar were on hand to chronicle the action, inside and outside the conference hall.

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    Apr 08, 2019 - Power Finance & Risk

    Platts Vegas 2019 Preview

    As representatives of developers, banks, investment firms and service providers descend on Las Vegas for S&P Global Platts’ 34th Annual Global Power Markets Conference, PFR takes a look at what to expect.

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