Peregrine Energy Solutions Announces the Closing of a $53 Million Preferred Equity Commitment with Bildmore Clean Energy and $115 Million Debt Facilities with First Citizens Bank and Nomura Securities International, Inc.
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Peregrine Energy Solutions has secured a $53 million preferred equity commitment from Bildmore Clean Energy and $115 million in debt facilities from First Citizens Bank and Nomura Securities International for a 150MW battery energy storage project.
March 17, 2025 | 1:30 pm
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First Citizens Bank, part of First Citizens BancShares, is involved in a $115 million debt facility for Peregrine Energy's battery storage project.
First Citizens Bank's involvement in a significant debt facility for a clean energy project could enhance its reputation in sustainable finance, potentially boosting investor sentiment.
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