Ameresco (AMRC) said late Monday a subsidiary executed a note purchase deal and a private shelf agreement to fund its energy infrastructure projects.
The first note purchase provides for the issuance of $78 million Series A notes due 2045 to finance a battery energy storage asset under construction, the company said.
The arrangement with CounterpointeSRE and Barings includes an issuance of second series of notes, an uncommitted $300 million shelf facility and a tax credit purchase agreement for future energy assets, Ameresco said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.