Cit serves as lead arranger of $50.5 million financing for new york state solar portfolio

New york, jan. 19, 2022 /prnewswire/ -- cit, a division of first citizens bank, today announced that its power and energy business served as lead arranger of $50.5 million in financing for construction of amp's ny3 assets, a planned portfolio of new community solar installations in new york state. cit arranged the financing on behalf of a subsidiary of amp energy, a leading global developer of clean energy infrastructure.
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