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Article: Solar Trust of America Names Citigroup and Deutsche Bank as Advisors for Financing of Billion Dollar Solar Thermal Power Plants.
- Article from:
- Energy Weekly News
- Article date:
- November 6, 2009
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Solar Trust of America, LLC, an integrated industrial solar solutions company, announced that it has engaged Citigroup Global Markets Inc. and Deutsche Bank Securities, Inc. as advisors to assist in securing more than $6 billion in financing for construction of multiple solar thermal power plants being developed by Solar Trust of America across the southwestern United States.
Solar Trust of America said the banks will provide financial advisory services for its bid to secure the competitive award of U.S. Department of Energy loan guarantees and develop models for debt and equity project financing for its proposed solar thermal power plants in California and ...