U.S. Bancorp Community Development Corporation (USBCDC) – one of the most active renewable energy investors in the nation – introduced a debt product and closed its first loan. It’s with Longroad Energy on Three Corners Solar, a $200 million, 152-megawatt solar project in Kennebec County, Maine. The deal, which also includes a tax equity investment, marks an important milestone in expanding U.S. Bank’s commitment to the environment and supporting its customers.
