BayWa r.e. secures $115M in funding with Nomura

BayWa r.e. secured a $115 million credit facility with Nomura, a financial services firm, to support deployment of solar+storage and large-scale solar projects in America. Initially, it will support projects totaling 1.1 GW of solar and 188 MWh of battery storage in North Carolina, Illinois, Kentucky, Arkansas, Washington and more for projects to be brought online through 2026.