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Cit Serves As Coordinating Lead Arranger On $71.4 Million Financing For Howard County, Maryland Solar Portfolio

Feb 17, 2022over 3 years ago

Amount Raised

$71.4 Million

Raleigh

Description

CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects.

Company Information

Company

Cit

Location

Raleigh, North Carolina, United States

About

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.

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