|Deal Type||Debt Capital Markets|
Senior Secured Credit Facilities
|Client & Transactional Partners||
Scout Clean Energy
Coordinating Lead Arranger
On December 20, 2019, KeyBanc Capital Markets (“KBCM”) successfully closed $213.7 million of Senior Secured Credit Facilities (the “Facilities”) for Scout Clean Energy’s (“Scout”) Bitter Ridge Wind Project (“Bitter Ridge” or the “Project”). The Facilities consist of a $105.5 million Tax Equity Bridge Loan, $94.7 million Sponsor Equity Bridge Loan Facility, and a $13.5 million Letter of Credit Facility. Proceeds will be used to fund construction costs of the Project. KBCM acted as Coordinating Lead Arranger, Sole Bookrunner, Administrative Agent, Collateral Agent, Depositary Bank & Issuing Bank.