Swift Current Energy, a US renewables developer, has secured a USD-300m senior secured revolving credit facility to advance its pipeline of wind, solar and energy storage projects. The company, which is majority-owned by Buckeye Energy Holdings, plans to own and operate more than 1 GW of renewable energy projects by the end of 2024 and commercialise 2.2 GW of capacity. First Citizens Bank, Deutsche Bank AG, Truist Securities Inc, National Westminster Bank PLC and Sumitomo Mitsui Banking Corporation were among the lead arrangers for the transaction.

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







