CIT Acts as Coordinating Lead Arranger on Financing for Maryland Solar Projects

First Citizens Bank division CIT’s Power and Energy business has served as coordinating lead arranger on a $71.4 million financing for a portfolio of solar projects. The borrower, Arches Solar LLC, a subsidiary of CleanCapital, owns a portfolio of distributed generation solar projects being developed in Howard County, Md. Electricity generated by the projects is […]

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