“On November 8, 2019, NY Green Bank (“NYGB”) provided a 24-month senior secured $2.5 million bridge loan facility (the “Bridge Loan”) to Eden Devco Borrower LLC (“Borrower”), which is owned by Eden Devco LP (“Sponsor”), a limited partnership that is managed by Eden Renewables LLC (“Eden”). On March 31, 2020, NYGB increased the Bridge … [Read more…]
“DUANESBURG – Several public hearings on plans to replace or modernize the high-voltage power lines through the Mohawk Valley between Marcy and New Scotland will be held next week, the state Public Service Commission announced. Applicants LS Power Grid New York LLC and the New York Power Authority have applied to construct new 345-kilovolt … [Read more…]
“Bridge Loan to Support the Deployment of Community Solar Projects Eden Renewables, LLC On November 8, 2019, NY Green Bank (“NYGB”) provided a 24-month senior secured $2.5 million bridge loan facility (the “Bridge Loan”) to Eden Devco Borrower LLC (“Borrower”), which is owned by Eden Devco LP (“Sponsor”), a limited partnership that is managed … [Read more…]