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Swift Current upsizes revolver to $312.5 million, extends to 2026
By Marisa Wong
Los Angeles, Jan. 25 – Swift Current Energy upsized its $225 million revolving credit facility to a total of $312.5 million and extended the maturity to 2026, according to a press release.
The upsized credit facility is a green loan.
National Australia Bank, Natixis and First Citizens Bank join existing lenders KeyBank, MUFG and CIBC. KeyBanc Capital Markets is the coordinating lead arranger. National Australia Bank, Natixis, MUFG and CIBC acted as joint lead arrangers. CIBC was the green structuring agent.
Sidley Austin represented Swift Current in the transaction. Norton Rose Fulbright advised KeyBanc and CIBC.
Swift Current said it has more than 10 gigawatts of wind, solar and battery energy storage projects in its development pipeline across premium markets.
The renewable energy company is based in Boston.
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