Swift Current Energy said that the funding, which is a dual-tranche facility with a three-year term, will enable it to develop, operate and commercialise clean energy projects in the US to meet “rapidly growing electricity demand”. The company did not specify the technology of the projects that the funds will support, though it has previously secured funds from Credit Agricole for its 122MW Three Rivers solar project in Maine.
“This transaction reflects the continued maturation of the renewable energy sector, where scaled platforms increasingly require flexible corporate capital alongside project-level financing,” said Sven Wellock, head of renewables and power, energy, Americas at ING Capital.
Michael Arndt, chief executive officer of Swift Current, said: “The scale of this facility reflects both the strength of the portfolio Swift Current has built and the opportunity ahead of us. Electricity demand is growing rapidly across the United States and meeting that demand will require significant investment in new energy infrastructure.”
Read the full version of this story on PV Tech, where it first appeared on 21 August 2026.
Avantus raises US$300 million tax equity for California hybrid resources project
