US EditionSunraycer Renewables secures $475m project financing facility
- Sunraycer Renewables closed a $475 million project financing deal on April 8, 2025, in Annapolis, Maryland.
- The financing supports construction and operations for solar and battery projects in Texas.
- MUFG Bank, Nomura Securities, and Norddeutsche Landesbank provided the financing for the Gaia and Midpoint projects.
- Sunraycer CEO David Lillefloren said they are pleased to work with MUFG, Nomura, and Nord/LB.
- The Gaia and Midpoint projects will help meet growing energy demands within the ERCOT grid.
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The Bay City Tribune+9 Reposted by 9 other sources
Sunraycer Renewables Closes $475mm Project Financing Facility with MUFG Bank, Ltd., Nomura Securities International, Inc. and Norddeutsche Landesbank Girzonentrale
Comprised of construction-to-term loan, bridge loan, and letter of credit facility to construct and operate Gaia and Midpoint solar and battery energy storage projects
·Bay City, United States
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