Deal details
AES Clean Energy MIS and Warehouse Facility - Upsizing
Description
To fund construction costs for certain long-term contracted renewable generation assets (a mix of Solar, Solar + Storage and Storage-Only) in AES’ advanced stage project pipeline.Upsizing of the original $700mn financing for AES Clean Energy to be used towards working capital and general corporate purposes
Assets involved
Companies involved
- Truist Bank, Santander, Silicon Valley Bank, National Bank of Canada, Standard Chartered, Credit Agricole CIB, Wells Fargo Bank, HSBC, Canadian Imperial Bank of Commerce (CIBC), KeyBank, DNB Bank, Societe Generale, MUFG
- Standard Chartered, Truist Bank, Credit Agricole CIB, Silicon Valley Bank, Wells Fargo Bank, HSBC, MUFG, Santander, National Bank of Canada, Canadian Imperial Bank of Commerce (CIBC), DNB Bank, Societe Generale, KeyBank
- Standard Chartered, Zions Bank, Credit Agricole CIB, KeyBank, Cadence Bank, Societe Generale, Natixis, Silicon Valley Bank, DNB Bank, HSBC, Truist Bank, Santander, Mizuho, Wells Fargo Bank, Canadian Imperial Bank of Commerce (CIBC), National Bank of Canada, MUFG
- Latham & Watkins
- National Bank of Canada, Wells Fargo Bank, DNB Bank, Silicon Valley Bank, Standard Chartered, Truist Bank, Santander, Societe Generale, HSBC, MUFG, KeyBank, Credit Agricole CIB, Canadian Imperial Bank of Commerce (CIBC)
- Wells Fargo Bank, Canadian Imperial Bank of Commerce (CIBC)
- Canadian Imperial Bank of Commerce (CIBC)
- Wells Fargo Bank, Canadian Imperial Bank of Commerce (CIBC)
- KeyBank
- Canadian Imperial Bank of Commerce (CIBC)
- sPower, AES Corporation
- KeyBank
- Stoel Rives
Key information
AES OpCo Warehouse
1000$m
30-06-2022
Renewables / PV solar
United States
Project & Infrastructure Finance
Not PPP
Tranche information
RCF
1,000$
Revolving credit facility
1000$m
US Dollar - USD
0
3.0 years
-
Libor
175.0
| Participant | role | ticket size |
|---|---|---|
| Standard Chartered | Lender | 95$m |
| Santander | Lender | 95$m |
| Truist Bank | Lender | 29$m |
| Wells Fargo Bank | Lender | 29$m |
| Natixis | Lender | 117$m |
| KeyBank | Lender | 52$m |
| Silicon Valley Bank | Lender | 52$m |
| Societe Generale | Lender | 52$m |
| National Bank of Canada | Lender | 84$m |
| MUFG | Lender | 52$m |
| HSBC | Lender | 52$m |
| Credit Agricole CIB | Lender | 117$m |
| Canadian Imperial Bank of Commerce (CIBC) | Lender | 52$m |
| DNB Bank | Lender | 9$m |
| Mizuho | Lender | 75$m |
| Cadence Bank | Lender | 18$m |
| Zions Bank | Lender | 13$m |