LS Power Gets Prudential, Santander Funding for California Solar
LS Power Group, a closely held power-generation and transmission company, received financing for its 170-megawatt Centinela solar farm in southern California.
Banco Santander SA (SAN)’s Sovereign Bank led a group of lenders that included Bank of Tokyo-Mitsubishi UFJ Ltd.’s Union Bank, Rabobank Nederland, Canadian Imperial Bank of Commerce and Norddeutsche Landesbank, LS Power said today in a statement.
Prudential Capital Group LP also provided “long-term notes,” John King, executive vice president of New York-based LS Power, said today by e-mail.
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