CIT Leads $140 Million Financing for California Solar Project

NEW YORK, Sept. 10, 2019 -- CIT Group Inc. (NYSE: CIT) today announced its Power and Energy business served as coordinating lead arranger for $140 million in debt financing to support construction of the Lotus Solar Farm, a 67-megawatt solar project in Madera, California. Concurrent with financial close, the project was sold by 8minute Solar Energy to Allianz Global Investors. When completed, the Lotus […]