Clēnera Secures Debt Financing for Solar and BESS Project
Deal News | Apr 16, 2025 | CRC-IB
CRC-IB has acted as the exclusive financial advisor to Clēnera, a renewable energy company, facilitating the procurement of debt financing for its large-scale energy project. The financing secured aims to support the construction to term loan transition for Clēnera’s 403MW solar power and a 688MWh battery energy storage system (BESS) project. This transaction has been made possible through involvement from four significant global financial institutions, demonstrating confidence in the project's potential and the growing interest in renewable energy investments.
Sectors
- Renewable Energy
- Financial Advisory Services
Geography
- Global – The financing was provided by a consortium of four leading global financial institutions, indicating an international scope of involvement.
Industry
- Renewable Energy – The article is centered around a solar and battery energy storage project, which falls under renewable energy sources, highlighting growth and investments in sustainable energy solutions.
- Financial Advisory Services – CRC-IB’s role as a financial advisor underscores the industry's imperative to provide expert counsel on significant funding arrangements for large-scale projects.
Financials
- 403MW Solar / 688MWh BESS – The energy capacity figures for Clēnera's solar project and its battery energy storage system.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CRC-IB | Financial Advisor | Company | CRC-IB provided financial advisory services for Clēnera to secure the necessary funding. |
| Clēnera | Project Developer | Company | Clēnera is the target company developing the 403MW solar and 688MWh battery energy storage system project. |