March 2, 2017 / 9:49 PM / 5 months ago

BRIEF-Terraform Power secures expansion of Canada project financing

1 Min Read

March 2 (Reuters) - Terraform Power Inc:

* Terraform Power secures expansion of canada project financing

* Terraform Power Inc - secured an additional $86m (CAD$114m) in project financing for its 4 utility-scale solar plants (representing 60 mw) in Ontario

* Terraform Power -intends to use additional proceeds from upsizing to further reduce its corporate debt balance and for general corporate purposes

* Terraform Power Inc - secured an additional project financing through a 7-year non-recourse portfolio credit facility Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below