CIT: Power & Energy

CIT consistently ranks among the nation’s top lenders for renewable energy projects and was recognized as Renewable Energy Lead Arranger of the Year in 2020 by Power Finance & Risk, a top energy industry trade publication.

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Energy

CIT Serves as Coordinating Lead Arranger on $71.4 Million Financing for Howard County, Maryland Solar Portfolio
CIT, a division of First Citizens Bank, announced that its Power and Energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects.

Energy

CIT Leads Refinancing of $69 Million Strata Clean Energy Portfolio
CIT Group announced that its Power and Energy business led the refinancing of a $69 million portfolio of solar facilities owned and operated by Strata Clean Energy LLC, a leading integrated solar and storage energy service provider based in North Carolina.

Energy

CIT Serves as Coordinating Lead Arranger for $210 Million Financing for Brazoria West Solar Project in Texas
CIT Group announced that its Power and Energy business served as coordinating lead arranger on nearly $210 million in financing for the Brazoria West Solar Project in Texas.

Energy

CIT Supports New 200-Megawatt Amazon Solar Farm in OH
CIT is pleased to support Innergex Renewable Energy with financing for its 200-megawatt Amazon Solar Farm in Ohio.

Energy

CIT Serves as Sole Lead Arranger on $67.8 Million Financing for Upstate New York Solar Power and Battery Storage Portfolio
CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as sole lead arranger for $67.8 million in financing for construction of the new AMP NY2 community solar and storage portfolio.

Energy

CIT Works With Carbonfund.org Foundation to Offset 2020 GHG Emissions via Investments in Carbon Offset Projects
CIT expanded its commitment to sustainability by working with Carbonfund.org Foundation to offset 2020 GHG emissions via investments in carbon offset projects in NJ and FL, states where we have a significant business presence

Sustainable Finance & Socially Responsible Investment

CIT Serves As Co-lead Arranger on $93.3 Million Battery Storage Portfolio
CIT Group Inc. (NYSE: CIT) recently announced that its Power and Energy business served as a co-lead arranger on a $93.3 million financing for a portfolio of six battery energy storage systems located in Texas.

Sustainable Finance & Socially Responsible Investment

CIT Leads $69 Million Financing for Solar Portfolio
CIT Group Inc. recently announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider based in NC.
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