Markets & finance
rPlus Energies secures up to $450 million credit facility for Western solar and storage
rPlus Energies closed a three-year revolving credit facility of up to $450 million, led by CIBC and syndicated to six other banks. The facility is backed by nearly 1 GW of operating assets, including the Green River Energy Center and Pleasant Valley Solar 2 in Idaho. It will fund new solar and battery projects in the American West.
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Markets & financeUSNov 4, 2026
Why it matters for site owners
Banks are still lending against operating solar plants, which shows that well-maintained, steadily producing assets keep their value as collateral.
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