KKR: $150 million credit facility for Birch Creek

(CercleFinance.com) - Birch Creek Energy, a solar and storage systems developer and independent power producer, and KKR have announced that they have closed a $150 million credit facility.


This financing extends and augments Birch Creek's previous $100 million facility, and will be used to fund development expenses and equipment for the solar farms.

Birch Creek currently has 160 MW of operational projects with an additional 187 MW under construction to be commissioned in the last two months of 2024, bringing the total to 347 MW.

' Against a backdrop of growing global demand for clean energy and storage solutions, we are pleased to provide this enhanced credit facility to Birch Creek as part of our High-Grade ABF strategy to further develop its pipeline of solar and storage projects,' said Erich Heintzen, Director at KKR.

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