Signed Jun 16, 2026
- Committed
- $972.5m
- Matures
- n/a
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Construction Loan Facility | $372.2m | n/a | 175–225 bps |
| Bridge Loan Facility | $166.7m | n/a | 175–225 bps |
| Term Loan Facility | $372.2m | n/a | 175–225 bps |
| PPA Letters of Credit | $41.6m | n/a | n/a |
| DSR Letters of Credit | $19.7m | n/a | n/a |
Priced over SOFR, floor 0 bps (Term Loan A).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level base | all times (Construction Loans) | 175 bps | n/a |
Priced over SOFR, floor 0 bps (Term Loan A).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level initial | before Initial TCT Documentation Effective Date (Bridge Loans) | 225 bps | n/a |
| Level post-initial | from and after the Initial TCT Documentation Effective Date (Bridge Loans) | 175 bps | n/a |
Priced over SOFR, floor 0 bps (Term Loan A).