CohnReznick Capital is proud to announce sPower’s recent bond deal close for $421.4M. What makes this deal significant is the fact that sPower is the first company to receive a credit rating on a portfolio of utility scale solar and wind assets.
CohnReznick Capital served as an advisor to sPower.
“This first-of-its-kind milestone is a testament to the quality of our operating portfolio, the relationships we have with our finance partners and the strength of our utility offtakers. This financing will benefit sPower for years to come by locking in predictable cash flows for almost two more decades,” said sPower CEO, Ryan Creamer.
View the full press release by clicking here.