Project Bonds

Argentinian developer Genneia is preparing a bond issuance that will finance an 80 MW solar park in the country.

Starwood Property Trust has issued a new CLO backed by a portfolio of project finance and infrastructure loans, just nine months after its landmark transaction opened the door for the new asset class.

A subsidiary of Venture Global LNG has closed a $1.25 billion offering of senior secured notes that will support the operations of its 10 mtpa Calcasieu Pass LNG project in Louisiana.

While Brazil has experienced a debentures boom over the last five years, with individuals as the main bondholders, the market could take a turn very soon as a new bill in Congress seeks to attract other types of investors, including from abroad.

A subsidiary of Sunnova Energy International is preparing to issue a $350 million green private placement.

Venture Global LNG has closed a $2.5 billion senior secured offering to support an LNG project in Louisiana that it plans to fit with carbon capture and storage equipment.

Leeward Renewable Energy has closed its first green bond – a $375 million, eight-year senior unsecured offering, which comes with a $100 million revolving credit facility.

A subsidiary of Leeward Renewable Energy has issued up to $375 million in an unsecured bond offering to refinance its outstanding debt, which includes a bridge facility used to acquire solar assets back in March.

Battery manufacturer Eos Energy Enterprises, which went public via a SPAC merger last year, has secured an investor for $100 million convertible bond offering, the proceeds of which will go toward strategic growth initiatives.

Starwood Property Trust, the real estate branch of Starwood Energy Group, has priced a $400 million sustainability bond.