Revolving Credit Facility
|Client & Transactional Partners||
Joint Lead Arranger
On July 1, 2021, KeyBanc Capital Markets (“KBCM”) successfully closed a $205 million Revolving Credit Facility with a project company owned by ENGIE in relation to the Georgetown University (“Georgetown” or the “University”) Utility Concession Project (the “Project”). KBCM served as Joint Arranger and Joint Bookrunner on the Revolving Credit Facility and KeyBank National Association serves as Administrative Agent, Collateral Agent, Depositary Agent, and Hedge Provider.
The University granted a concession of its central utility plant to Georgetown Energy Partners, a special purpose entity wholly owned by ENGIE. Georgetown pursued the Project as part of its commitment to combating climate change and reducing their carbon footprint.