Scout Clean Energy Closes $100 Million Equipment Supply Loan
BOULDER, Colo., May 6, 2024 /PRNewswire/ -- Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator, is pleased to announce the closing of a $100 million equipment supply loan (ESL) with Rabobank. The facility will be used to fund Scout equipment down payments. Scout is a portfolio company managed by Brookfield Asset Management, a global leader of renewable power and decarbonization solutions.
- BOULDER, Colo., May 6, 2024 /PRNewswire/ -- Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator, is pleased to announce the closing of a $100 million equipment supply loan (ESL) with Rabobank.
- Scout intends to upsize the facility to $200 million and bring in additional banks later in the year to continue to secure equipment supply for Scout's near-term advanced stage pipeline of wind, solar and storage projects.
- "This financing marks the continued maturation of Scout Clean Energy as a leading fully integrated renewables IPP," said John Clapp, chief financial officer at Scout Clean Energy.
- "Rabobank is pleased to finance Scout's renewable energy equipment supply," said Claus Hertel, managing director of project finance at Rabobank Wholesale Banking North America.