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Longroad secures $600m debt package

RICHARD HEAP

November 28, 2023

US renewables operator Longroad Energy has secured a $600m debt funding package to support the growth of its wind, solar and battery portfolio.

The facility is made up of a $275m term loan, a $175m revolving credit facility, and a $150m letter of credit facility. The syndicated corporate credit facility was led by Apterra Infrastructure Capital, a platform company of Apollo and joint lead arrangers Barclays and HSBC.

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