Doral Renewables Secures Additional $100 Million Letter of Credit Facility

PHILADELPHIA, May 1, 2025 /PRNewswire/ -- Doral Renewables LLC ("Doral") has successfully closed a $100 million corporate Letter of Credit facility. The Letters of Credit are expected to primarily be used for new interconnection and power purchase agreement obligations incurred during development of the Company's projects. This new facility is additive to the$185 million of existing corporate Letter of Credit capacity which Doral maintains. HSBC acted as Sole Arranger and Issuing Bank for this new facility ...