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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
08 September 2025

A fruitful alliance: Trafigura signs Korea LNG contract

A new agreement between Trafigura and Korea’s public gas company will deliver a decade of LNG imports to Korean companies. It is another sign of Korea’s efforts to mitigate...

Perspective
12 September 2025

Satellite finance heads back into orbit

Changing business models and technologies have made it harder for ECAs and commercial banks to support satellite launches. But the demand for satellite connectivity is strong,...