Exus Renewables North America has closed a senior secured corporate credit facility to support its wind, solar and battery energy storage development activities. The financing will be used for development-stage costs, including grid interconnection deposits, commercial offtake arrangements, equipment procurement and other project development expenses.
The facility totals $400 million and will be used to advance a portfolio comprising more than 700 MW of projects in operation or under construction and a further 4.5 GW in active development across North America. The facility is intended to support capital deployment across utility-scale wind, solar and battery energy storage projects in the region.
