Voya Investment Management Closes $70M Loan Deal With Centaurus Renewable Energy
A press release carried in Business Wire reports Centaurus Renewable Energy, developer “of the Arroyo Solar & Storage Project in McKinley County, New Mexico, announced today that it has closed a $70 million construction bridge loan facility provided by Voya Investment Management, the asset management business of Voya Financial.” The credit facility “will be used to make payments for project equipment and for other development and construction expenses.” Voya Investment Management’s Direct Infrastructure team, led by Tom Emmons and Ed Levin, organized the transaction.