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Prospect News home > News index > List of issuers A > Headlines for Amp Energy > News item
Published on 1/19/2022 in the Prospect News Green Finance Daily and Prospect News Private Placement Daily.

Amp Energy unit obtains $50.5 million credit facility

By Rebecca Melvin

Concord, N.H., Jan. 19 – Amp Energy’s NY3 unit obtained a $50.5 million credit facility from the power and energy business of CIT, a division of First Citizens Bank, according to a news release.

The proceeds will be used for construction of community solar installations in New York State.

CIT arranged the financing on behalf of a subsidiary of Amp Energy, which is a developer of clean energy infrastructure based in Toronto.


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