SB Energy Athos 1 & 2
Debt Capital Markets
Senior Secured Credit Facilities
|Client & Transactional Partners||
On May 6, 2021, KeyBanc Capital Markets (“KBCM”) successfully closed $814 million of Senior Secured Credit Facilities (the “Facilities”) for SB Energy's Athos 1 & 2 projects (the “Projects”). The Facilities consist of two construction loans of $352 million and $462 million respectively. Proceeds will be used to fund the construction costs of the Projects. KBCM acted as Mandated Lead Arranger.
The Projects consist of two solar farms totaling 900 MW of solar capacity located in California.