Project Finance Brief: Lynher Energy Secures $67 Million for Solar Project

Greenbacker acquires 12 MW of solar projects in Colorado

August 30, 2023

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Lynher Energy, a joint venture between Napier Park Global Capital, an alternative asset manager, and Ethical Power, an integrated renewable energy solutions provider, secured a bank facility of £52.7 million (~$66.85 million), comprising development and term loans. The first use of the facility is to help finance the construction of the 26.1 MW Twitch Hill Solar project, which Lynher Energy acquired in March 2023.

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