Urban Grid closes USD100m senior secured term loan facility provided by Crayhill Capital Management
Urban Grid, a developer of solar projects throughout the United States, has closed a senior secured term loan facility for up to USD100 million with Crayhill Capital Management (Crayhill), a New York-based private credit manager and asset-based lender. The Facility is backed by and will finance the late-stage development of more than 5 GWp of utility-scale