Insuring the sunrise with Wall Street finance
kWh Analytics and Swiss Re have structured a deal with GCL New Energy and PNC Bank for 50 MW of solar projects financed using the Solar Revenue Put to guarantee 95% of solar generation.
GCL Energy receives $60 million for 84 MW solar portfolio in North Carolina
With the help of CIT Group, the China-based company hopes to kickstart its U.S. solar portfolio with this first infusion of cash.
