Vesper Energy increases letter-of-credit facility to $200 million

By Wendy Van Sickle

Columbus, Ohio, April 5 – Vesper Energy upsized its letter of credit with Macquarie Group as administrative agent to $200 million from $140 million.

The upsizing follows the recent tax equity closures and debt financing of Vesper Energy’s Nestlewood and Gaucho solar energy facilities and reinforces the company’s continued growth in the renewable energy industry, according to a press release.

Vesper Energy is a developer, owner and operator of utility-scale renewable energy and energy storage assets based in Houston.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.