The HUD program provided the development team with low-rate, non-recourse financing
for a 35-year term.
The 7-year, floating rate, non-recourse financing
was originated out of the private lenders open-ended Mesa West Core Lending Fund.
SolarCity Corporation (NASDAQ: SCTY) has closed a new USD150 million non-recourse financing
facility with Credit Suisse to support deployment of commercial solar energy systems for businesses, schools and government organizations across the US, the company said.
The solar rooftop industry will certainly need better non-recourse financing
options by increasing power sector exposure limits of domestic banks," one of the players in the solar industry said.
It is the largest single solar project to secure non-recourse financing
in Japan and we are confident to see more projects on a similar scale in the future," said Jorge Barredo, Chief Executive Officer of Gestamp Solar.
com) Terrace Capital announced today that it has secured $61MM in non-recourse financing
for a portfolio of single tenant, industrial properties located in nine states, scattered throughout the United States.
Through this transaction, ACWA Power Barka has become the first IWPP in the Mena market to establish a non-recourse financing
having its tenor extending beyond the term of its Power and Water Purchase Agreement.
Through the deal, ACWA Power Barka says that is has become the first IWPP in the entire MENA region to establish a non-recourse financing
with its tenor extending beyond the term of its power and water purchase agreement (PWPA).
In October, AES Solar also completed a USD-90-million multi-borrower non-recourse financing
for a 22.
ExecuJet Chief Executive Officer Niall Olver said, "ExecuJet now has a fund available for non-recourse financing
, both on and off balance sheet.
8m loan in a first mortgage non-recourse financing
, secured by the 124-room Residence Inn by Marriott, located in New Rochelle, New York.
Eighteen months ago, Seabreeze Harbor was illiquid and non-recourse financing
was unavailable for non-performing assets," Mekras said.