From jupiter power: first citizens bank serves as lead arranger on $70.4 million in financing for two texas battery storage projects

New york , july 17, 2023 /prnewswire/ -- first citizens bank today announced that its energy finance group, part of the cit division, served as the coordinating lead arranger on a $70.4 million construction and term loan financing facility for two standalone battery energy storage projects in texas, totaling 160 megawatts (mw) / 320 megawatt-hours (mwh). bankunited, n.a.
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