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 $700mn financing for AES Clean Energy to be used towards working capital and general corporate purposes
Assets involved
Companies involved
- AES Corporation, sPower
- Cadence Bank, Canadian Imperial Bank of Commerce (CIBC), Credit Agricole CIB, DNB Bank, HSBC, KeyBank, Mizuho, MUFG, National Bank of Canada, Natixis, Santander, Silicon Valley Bank, Societe Generale, Standard Chartered, Truist Bank, Wells Fargo Bank, Zions Bank
- Canadian Imperial Bank of Commerce (CIBC)
- Canadian Imperial Bank of Commerce (CIBC), Credit Agricole CIB, DNB Bank, HSBC, KeyBank, MUFG, National Bank of Canada, Santander, Silicon Valley Bank, Societe Generale, Standard Chartered, Truist Bank, Wells Fargo Bank
- Canadian Imperial Bank of Commerce (CIBC)
- Canadian Imperial Bank of Commerce (CIBC), Credit Agricole CIB, DNB Bank, HSBC, KeyBank, MUFG, National Bank of Canada, Santander, Silicon Valley Bank, Societe Generale, Standard Chartered, Truist Bank, Wells Fargo Bank
- Canadian Imperial Bank of Commerce (CIBC), Wells Fargo Bank
- Canadian Imperial Bank of Commerce (CIBC), Wells Fargo Bank
- Canadian Imperial Bank of Commerce (CIBC), Credit Agricole CIB, DNB Bank, HSBC, KeyBank, MUFG, National Bank of Canada, Santander, Silicon Valley Bank, Societe Generale, Standard Chartered, Truist Bank, Wells Fargo Bank
- KeyBank
- KeyBank
- Latham & Watkins
- Stoel Rives
Key information
AES OpCo Warehouse
1000$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 |