Kayne Anderson secures $118.5 million in financing for Harts Mill Solar project

By Taylor Fox

Chicago, July 7 – Kayne Anderson Capital Advisors LP received $118.5 million in financing for its Harts Mill Solar project, according to a news release from lead arranger CIT Group Inc.

Kayne will be working with Birch Creek Development and Pine Gate Renewables along with Pine Gate EPC, which will be constructing the 112-megawatt facility.

The project marks the first solar investment supplying the PJM Interconnection grid.

Kayne Anderson Capital Advisors is an alternative investment management firm based in Los Angeles.

© 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.