Mike Lorusso Related Content

CIT and SMBC Provide $85MM in Debt Financing to NineDot Energy

NineDot Energy, a developer of community-scale clean energy projects, closed on a new $85 million construction-to-term debt facility. Provided by CIT and SMBC, the facility supports the construction and operation of 11 battery storage sites. read more

CIT Arranges $419MM in Financing for Power Generation Facility Acquisition

The power and energy business of CIT, a division of First Citizens Bank, served as lead arranger on $419 million in financing for the acquisition of the Broad River power generation facility in Gaffney, SC. read more

CIT Power and Energy Leads Construction Financing for Texas Solar Project

CIT’s power and energy business served as coordinating lead arranger of construction financing for a major new solar energy project in Texas. read more

CIT Arranges Financing for Swell Energy’s Energy Storage Projects

CIT’s power and energy business served as sole lead arranger of financing for the development of Swell Energy’s pipeline of new behind-the-meter commercial energy storage projects in California. read more

CIT Arranges $88MM in Financing for Texas Battery Storage System

CIT’s power and energy business arranged $88 million in financing for a 173-megawatt standalone merchant battery storage facility in Texas. Siemens Financial Services participated as joint lead arranger in the financing. read more

CIT Arranges $714MM for Thermal Generation Assets Managed by Middle River Power

CIT’s power and energy business served as coordinating lead arranger on $714 million in financing for a portfolio of thermal generation assets in California. The proceeds will be used to refinance a 1.8-gigawatt portfolio managed by Middle River Power. read more

CIT Provides $71.4MM in Financing for Solar Portfolio in Maryland

CIT’s power and energy business served as coordinating lead arranger on $71.4 million in financing for a portfolio of solar projects in Howard County, MD, for Arches Solar, a subsidiary of CleanCapital. read more

CIT Provides $50.5MM Financing to Amp Energy

The power and energy business of CIT, a division of First Citizens Bank, served as lead arranger on $50.5 million in financing to support the construction of Amp Energy’s NY3 assets, a planned portfolio of new community solar installations in New York. 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

CIT Provides $67.8MM in Financing to Amp Energy

CIT’s power and energy business served as sole lead arranger for $67.8 million in financing for the construction of the new AMP NY2 community solar and storage portfolio. CIT led the financing on behalf of Amp Energy. read more

CIT Arranges $68.4MM in Financing for Crane Solar in Texas

CIT’s power and energy business served as lead arranger for $68.4 million in financing for the acquisition of Crane Solar, a 150-megawatt solar farm located in Crane County, TX, and an adjacent 25-megawatt battery development. read more

CIT Arranges $200MM in Financing for Solar Power Project in Illinois

CIT’s power and energy business served as coordinating lead arranger for approximately $200 million in financing for the 149-megawatt Big River solar power project in White County, IL. read more

CIT Arranges $84MM Financing for Texas Solar Project

CIT’s power and energy business served as coordinating lead arranger for $84 million in financing for a new 140-megawatt solar farm in Fort Bend County, TX. read more

CIT Arranges $93.3MM in Financing for TX-Based Battery Storage Portfolio

CIT’s power and energy business served as a co-lead arranger on $93.3 million in financing for a portfolio of six battery energy storage systems owned by Key Capture Energy in Texas. read more

CIT Leads $69MM Financing for Solar Portfolio

CIT’s power and energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar, a solar and storage energy service provider based in North Carolina. read more

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