Cit serves as coordinating lead arranger on $71.4 million financing for howard county, maryland solar portfolio

New york , feb. 17, 2022 /prnewswire/ -- cit, a division of first citizens bank, today announced that its power and energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects. the borrower, arches solar llc, a subsidiary of cleancapital, owns a portfolio of distributed generation solar projects being developed in howard county, maryland.
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