Article

Heelstone Renewable Energy has secured a $200 million senior corporate credit facility to advance its renewable energy initiatives across the U.S., which encompass over 5 GW of solar, wind, and battery storage projects. The financing will facilitate project-related expenses, including interconnection deposits and power purchase agreements, with plans to deploy over 1 GWac of tax credit-qualifying projects by the end of 2028. Construction on 600 MWac of these projects is anticipated to commence within the next year.