“We are very pleased to have closed the Harts Mill financing and greatly appreciate CIT’s expertise and agility in successfully leading this important financing,” Jon Levinson, managing partner and co-head of renewables at Kayne, said. “We look forward to continuing to execute on our robust pipeline of opportunities, particularly in U.S. solar.”
“CIT was pleased to work closely with Kayne Anderson and Pine Gate Renewables in arranging financing to bring this project to fruition,” Mike Lorusso, managing director and group head for CIT’s Power and Energy business, said. “We are proud to play a role in supporting the continued expansion of renewable power throughout the U.S.”
Power and Energy, part of CIT’s Commercial Finance division, leverages its industry knowledge and expertise to offer financing solutions for renewable and conventional power generation. The unit manages a portfolio that includes investments in all asset classes across the energy sector.
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