Aspen Power is proud to announce the completion of three successful financings, totaling an impressive $241 million. These financings were made possible through strategic partnerships with esteemed financial institutions, including J.P. Morgan, Lombard Odier, and Mitsubishi UFJ Financial Group Inc. (MUFG). The expanded credit facilities with J.P. Morgan and Lombard Odier, as well as the initiation of a new construction-to-term facility with MUFG, are poised to facilitate Aspen Power’s ongoing strategic expansion and aid in the efficient construction of new solar energy projects.

Of particular significance is the $124 million construction-to-term facility with MUFG, designed to directly support the construction of new solar assets across multiple states and revenue structures, firmly positioning Aspen Power as a leader in the renewable energy sector.

Aspen Power’s track record speaks for itself, having developed or acquired over 600 renewable energy projects across 26 states. This impressive reach underscores the company’s commitment to expanding sustainable energy solutions across the nation.

Aspen Power’s achievement in securing substantial financial support is a testament to the company’s dedication to pioneering sustainable energy solutions and underscores its position as a key player in driving the adoption of solar energy.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The energy market is highly volatile, and readers should conduct thorough research before making any investment decisions.