November, 2020 - Investec Power & Infrastructure Finance North America acted as Sole Bookrunner, Coordinating Lead Arranger and Administrative Agent for Cypress Creek Renewables (“Cypress Creek”) on a seven-year, $200 million debt financing for the holding company that owns Cypress Creek’s 1.6 GW portfolio of operating solar energy projects. The facility finances a portfolio comprised of more than 200 solar and storage projects across 13 states.
The Cypress Creek financing illustrates our ability to structure bespoke solutions for clients. We started with a fresh palette and came up with a tailored solution that was well-received by the market. The market is wide open for well-priced, well-structured ESG class assets across all levels of the capital stack from a variety of lenders. We oversubscribed the financing from a combination of both commercial banks and institutional investors that directly demonstrates this appetite.