Of Interest

Wells Fargo Makes First Solar Plus Battery Storage Tax Equity Financing

Wells Fargo’s renewable energy and environmental finance group closed a tax equity financing for the Arroyo Solar and Storage project with D. E. Shaw Renewable Investments. This is Wells Fargo’s first tax equity investment in a project with co-located battery storage. read more

CIT Leads Refinancing of $69MM Strata Clean Energy Portfolio

CIT’s power and energy business led the refinancing of a $69 million portfolio of solar facilities owned and operated by Strata Clean Energy, an integrated solar and storage energy service provider based in North Carolina. read more

Inovatec Receives SOC 1 and SOC 2 Type II Re-Certification

Inovatec, a provider of cloud-based loan origination and loan management solutions, completed its SOC 1 and SOC 2 Type II audits. Inovatec’s security and compliance procedures have been annually audited by a recognized third party since 2018. read more

SLR Investment Corp. and SLR Senior Investment Corp. Agree to Merge

SLR Investment Corp. (SLRC) and SLR Senior Investment Corp. (SUNS) entered into an agreement to merge together, with SLRC as the surviving company, subject to stockholder approval and customary closing conditions. read more

Sunflower Bank Becomes Solifi’s First Client to Move ABL Operations to SaaS Platform

Solifi (formerly IDS), a global financial technology software partner for the secured finance industry, added Sunflower Bank as its first client to move mission-critical asset-based lending operations to Solifi’s software-as-a-service platform. read more

AI-Based Forecasting Among Technologies That Could Address Supply Chain Disruptions

Kirk Mann of Mitsubishi HC Capital America identified four technologies, including artificial intelligence-based forecasting and warehouse automation, with the most potential to impact supply chain issues during a panel presentation at the recent Fleet Forward Conference. read more

Barner of Fleet Advantage to Present on Equipment Spec’ing at CCJ Solutions Summit

Al Barner, CTP, vice president of business development at Fleet Advantage, will be presenting at the CCJ Solutions Summit at the Wild Horse Pass in Chandler, AZ, on Dec. 1. Barner will lead a session titled “Equipment Spec’ing with Drivers in Mind.” read more

BMO Pre-Purchases Direct Air Capture Removal of 1,000 Tons of CO2

BMO Financial Group pre-purchased the permanent removal of 1,000 tons of carbon dioxide from the atmosphere through direct air capture technology. read more

LATAM Airlines Group Files Chapter 11 Exit Plan

LATAM Airlines Group filed a plan of reorganization, setting the stage for its exit from Chapter 11. The plan proposes the infusion of $8.19 billion into the company through a mix of new equity, convertible notes and debt. read more

Greenbrier to Present at Stephens Investment Conference

The Greenbrier Companies, a supplier of equipment and services to global freight transportation markets, will be presenting on Dec. 2 at the 2021 Stephens Investment Conference in Nashville, TN. The presentation will be webcast live, beginning at 8 a.m. CST. read more

Icelandair Changes Organizational Structure

Icelandair will split its commercial division into separate customer and revenue divisions and create a digital and data division. Icelandair also named Tomas Ingason chief revenue officer to lead the new revenue division. read more

Ritchie Bros. to Sell More Than 300 Farm Equipment Items in Early 2022

Ritchie Bros. signed up two major farm auction packages for 2022 in Torquay, SK, and The Pas, MB. The two auctions, which are being held for Hanson Farms and Marlow Farms, will feature more than 300 equipment items and more than 15,000 title acres. read more

Global Ship Lease Agrees to New Multi-Year Charters for 2 Vessels

Global Ship Lease agreed to new five-year time charters for the Eco 9,115 TEU Al Khor and Maira XL vessels with a liner operator. The new charters will commence at the conclusion of the vessels’ current charters in mid-2022. read more

BMO Provides $392.98MM in Green Bonds to Bruce Power

Acting as co-lead green structuring agent, BMO Financial Group issued C$500 million ($392.98 million) in green bonds under a green finance framework with Bruce Power, a private sector power provider in Ontario. read more

US SBA Updates Guidance for COVID-19 EIDL Program

The U.S. Small Business Administration updated its guidance for its COVID-19 Economic Injury Disaster Loan program. According to the updated guidance, applications for EIDL loans will be accepted until Dec. 31.  read more

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