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Stock impact report

rPlus Energies Announces Two Major Financing Milestones [Yahoo! Finance]

KeyCorp (KEY) 
Last keycorp earnings: 4/16 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.key.com
Company Research Source: Yahoo! Finance
SALT LAKE CITY, December 18, 2024 BUSINESS WIRE rPlus Energies today announced the successful closing of $304 million in new financing facilities, including a $179 million construction debt facility for its Pleasant Valley Solar 2 project and a $125 million Corporate Letter of Credit Facility secured with Deutsche Bank to support the company's ongoing growth. The $179 million construction debt facility for Pleasant Valley Solar 2 was led by financial institutions Canadian Imperial Bank of Commerce New York Branch, Crédit Agricole Corporate and Investment Bank, and KeyBanc Capital Markets. Located in Ada County, Idaho, Pleasant Valley Solar 2 will deliver energy to Idaho Power's grid, in conjunction with advancing Meta's commitment to support its nearby Kuna data center with 100% clean and renewable energy. Construction on Pleasant Valley Solar 2 began this year and will create approximately 200 construction jobs. The project will also benefit local and state economies through a 3 Show less Read more
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