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AES Distributed Energy Secures $341 Million of Debt Financing from Silicon Valley Bank, KeyBank N.A. and Nomura

Feb 20, 2020 - Business Wire

AES Distributed Energy (AES DE), a subsidiary of The AES Corporation (AES) and a leader in energy generation through solar PV and solar PV + battery energy storage systems (BESS), today announced that it has entered into a $341 million debt agreement which provides new capital to AES DE to be used for permanent debt financing for a portfolio of distributed generation projects throughout the Northeast. The financing is the largest domestic debt facility raised for a portfolio of community and dis...