Ares Denali

Ares/Engie Portfolio of Renewables Projects in the USA - Acquisition Financing

Borrower(s)
Industry
Renewables/Renewables (other)
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Ares has secured a $588 million financing in support of minority acquisition in Project Denali (the Portfolio), a 2.7GW portfolio including 1.4GW of solar, 652MW of wind, and 585MW of battery storage projects. The portfolio was developed by Engie North America, one of the largest developers of...

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Deal Volume
$588.14m
Financial Close
11/09/2024
Dealmakers
Heather Godsmark

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Sources
Submitted by participant(s),

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Tranches

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Project Deals

2.7 GW Denali Renewable Portfolio
$588.14m
Greenfield
Renewables (other)
North America
North America
United States