Cit Bank

CIT arranges USD 50.5m for Amp Energy solar portfolio in New York

  “January 19 (Renewables Now) – The Power and Energy business of CIT, a division of First Citizens Bank, has arranged USD 50.5 million (EUR 44.5m) in financing for a subsidiary of Toronto-based Amp Energy so it could build a portfolio of community solar parks in the state of New York. The so-called NY3 portfolio … [Read more…]

CIT Serves as Sole Lead Arranger on $67.8 Million Financing for Upstate New York Solar Power and Battery Storage Portfolio

  “NEW YORK, Oct. 29, 2021 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as sole lead arranger for $67.8 million in financing for construction of the new AMP NY2 community solar and storage portfolio. CIT led the financing on behalf of Amp Energy, which is developing … [Read more…]