Loans

US-based Mammoth Energy subsidiary Cobra Acquisitions is to receive $188.4 million in settlement proceeds from the Puerto Rico Electric Power Authority (PREPA) and the Financial Oversight and Management Board for Puerto Rico (FOMB).

Renewables business Primary Energy has closed its $178 million platform refinancing led by Apterra Infrastructure Capital, PFR has learned.

Blackstone-owned energy storage business Aypa Power has closed its $650 million pre-notice to proceed development facility.

CenterPoint Energy subsidiary CenterPoint Energy Houston Electric (CPE Houston) has entered a $300 million term loan to cover damage from category 2 hurricane-like winds and tornadoes in Texas, PFR has learned.

Blackstone-owned energy storage business Aypa Power is set to close a $650 million pre-Notice to Proceed development facility, PFR has learned.

Renewables business Primary Energy has tapped Apterra Infrastructure Capital for the refinancing of its platform, PFR has learned.

Nexus PMG has made an investment in renewable fuels company Saola Energy.

SunPower has drawn $50 million from a loan made by its majority shareholder Sol Holding, which is owned jointly by TotalEnergies and Global Infrastructure Partners (GIP).

DLL, the Rabobank-owned asset finance company for equipment and technology, has partnered with Sunstone Credit to provide a loan platform for solar and battery storage assets.

QCells' residential solar financing platform EnFin has completed its first asset-backed securities (ABS) transaction totaling $252.86 million.