New Projects, Renewables, Solar

Financing completed on 5 MW solar power project in Pennsylvania

D.E. Shaw Renewable Investments LLC (DESRI) and Bright Plain Renewable Energy LLC (BPRE) completed financing of a 5 MW solar power project in Pennsylvania. KeyBank N.A. provided the financing.

The project was developed by Community Energy Solar, and was acquired by an affiliate of DESRI in partnership with BPRE in 2012.

Exelon Generation (NYSE: EXC) is purchasing the output under a long-term power purchase agreement. groSolar is the engineering, procurement and construction contractor.

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