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, National Bank of Canada, Silicon Valley Bank, Standard Chartered, Credit Agricole CIB, Wells Fargo Bank, HSBC, Canadian Imperial Bank of Commerce (CIBC), KeyBank, Societe Generale, DNB Bank, 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, DNB Bank, Natixis, HSBC, Silicon Valley Bank, Truist Bank, Santander, Mizuho, Wells Fargo Bank, Canadian Imperial Bank of Commerce (CIBC), National Bank of Canada, MUFG
  • DNB Bank, National Bank of Canada, Wells Fargo Bank, Silicon Valley Bank, Standard Chartered, Truist Bank, Santander, Societe Generale, HSBC, MUFG, KeyBank, Credit Agricole CIB, Canadian Imperial Bank of Commerce (CIBC)
  • Latham & Watkins
  • 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

Revolving credit facility

1000$m

US Dollar - USD

0

3.0 years

-

Libor

175.0