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Cit Serves As Lead Arranger Of $50.5 Million Financing For New York State Solar Portfolio

Cit Serves As Lead Arranger Of $50.5 Million Financing For New York State Solar Portfolio

01/19/22, 9:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgraleigh
Money raised
$50.5 million
CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as lead arranger of $50.5 million in financing for construction of Amp's NY3 assets, a planned portfolio of new community solar installations in New York State.

Company Info

Company
Cit
Location
raleigh, north carolina, united states
Additional Info
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). CIT's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about.