Sentences with phrase «construction letter of credit»

GUELPH, Ontario, Canada, November 15, 2017 — Recurrent Energy, LLC («Recurrent Energy»), a wholly owned subsidiary of Canadian Solar Inc. («Canadian Solar» or the «Company»)(NASDAQ: CSIQ), today announced it has closed on a combined construction loan and construction letter of credit facility for the 20 MWac / 28 MWp Gaskell West 1 solar power project.

KeyBank N.A. provided the construction loan and construction letter of credit facility for the project, while KeyBanc Capital Markets Inc. acted as lead arranger for the deal.

Not exact matches

This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; and real estate and mortgage brokerage services.

Wells Fargo, as the private construction lender for the project, issued a $ 72 million letter of credit to enhance the tax - exempt bonds, and made an $ 8.3 million construction loan.

During the construction period, JPMorgan Chase Bank, N.A is providing a letter of credit, including interest, in the amount of $ 15,716,038.

A Texas wind project (27 MW) reported on «the books» with an asset value of $ 31.4 million was offered $ 13 million in cash but $ 11 million goes to pay off a Letter of Credit which was drawn on due to failure to meet project construction deadlines and the remaining $ 2 million goes to the project's vendors.

Michael advises on a wide range of shipping, shipbuilding and offshore, international trade and commercial litigation issues including charterparties, memoranda of agreement, shipbuilding and offshore construction contracts, marine and commercial insurance, agency agreements, letters of credit and commercial notes.

He has extensive experience representing lenders, businesses, and real estate entities in a wide range of transactional and business matters including commercial and asset - based lending, floor plan lending for the automobile industry, real estate financing, project and construction financing, bond financing, letters of credit, and loans for Employee Stock Ownership Plans (ESOPs).

Mr. Hensley's litigation experience is broad in nature, encompassing such diverse practice areas as: real estate issues of almost any nature; construction defect litigation (both plaintiff and defense, representing developers, contractors, managers, subcontractors, and design professionals); federal and state securities class action / derivative defense; partnership / corporate governance issues; UCC / commercial paper / letter of credit issues; intellectual property / trade secret / unfair competition issues; wrongful termination / harassment trials; wage / hour class action defense; contract formation and interpretation issues; bankruptcy adversary proceedings; health care disputes; telecommunications issues; and debtor / creditor financing issues involving both secured and unsecured interests.

We advance and defend all types of construction proceedings in all areas of construction law including construction lien claims, damage, delay, scheduling and impact claims, construction trust claims, deficiency claims, claims on bonds and letters of credit, claims involving tendering and procurement and professional liability claims.