Leeward Renewable Energy (LRE) has secured a three-year financing for its 890MW US portfolio through Wells Fargo Bank. The three year credit facility will be used to fund construction of renewable energy projects across the US over the next three years. Wells Fargo Securities, LLC and Canadian Imperial Bank of Commerce are coordinating lead arrangers, bookrunners, and green loan coordinators. LRE is also the administrative agent for the three year agreement. Last November, LRE raised US$580 million in tax commitments and debt facilities for two projects, including a 179MW solar PV plant in Arizona. The developer currently has a portfolio of over 3GW and over 30GW of projects in development, spanning over 130 projects.

Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating







