Sunraycer Renewables Closes $901M Funding Facility From MUFG Bank, Ally Bank, Nomura Securities International, Norddeutsche Landesbank Girozentrale, And Societe Generale

Ally Financial Inc
Mitsubishi UFJ Financial Group, Inc. Sponsored ADR

Ally Financial Inc

ALLY

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Mitsubishi UFJ Financial Group, Inc. Sponsored ADR

MUFG

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Sunraycer Renewables LLC ("Sunraycer"), a leading developer, owner, and operator of clean energy power sites, announced today the closing of a $901 million project financing facility with MUFG Bank, Ltd. (MUFG), Ally Bank, Nomura Securities International, Inc. (Nomura), Norddeutsche Landesbank Girozentrale (Nord/LB), and Societe Generale. This marks Sunraycer's second portfolio financing in approximately 12 months and brings total capital raised across project finance and tax equity to roughly $1.6 billion during that period.