News
09 July 2018

Arclight refinances New Covert power project

In:
Power
Region:
Americas

Arclight Capital Partners has signed a refinancing of the debt backing its 1.1GW New Covert CCGT merchant power project in Michigan, which it bought from Tenaska in 2015. Lead arrangers on the $555 million seven-year facility are BNP Paribas and Investec. The new loan is said to be priced at around...

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