Clearway Pinnacle Project
Debt Capital Markets
Senior Secured Credit Facilities
|Client & Transactional Partners||
Clearway Energy Group
Clearway Energy Inc.
Joint Lead Arranger
On March 10, 2021, KeyBanc Capital Markets (“KBCM”) successfully closed $128 million of Senior Secured Credit Facilities (the “Facilities”) for Clearway's Pinnacle Project ( the "Project”). The Facilities consist of a $128 million Construction-to-Term Loan and an aggregate $2 million of Letters of Credit. Proceeds will be used to fund the construction costs to repower the Project. KBCM acted as Coordinating Lead Arranger, Sole Bookrunner and Administrative Agent.
Pinnacle is a 54 MW wind project located in West Virginia.