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Benzinga
Benzinga
Business
Akanksha Bakshi

Enlight Strengthens US Presence With New Financing Deals For Clean Energy Projects

Roadrunner United States Arizona MT Bank Renewable Energy Tucson
Large-scale,Solar,Farm,At,Sunrise.,Solar,Panels,Reflect,Sparkling,Light

Enlight Renewable Energy (NASDAQ: ENLT) said its U.S. subsidiary, Clēnera Holdings, has finalized two tax equity partnerships for the Roadrunner Solar and Energy Storage Project near Tucson, Arizona.

J.P. Morgan Chase Bank (NYSE: JPM) will provide financing for the 290-megawatt solar portion, while M&T Bank (NYSE: MTB) and First Citizens Bank (NASDAQ: FCNCA) are backing the 940-megawatt-hour storage facility.

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