Renewable Energy
Need financing for your renewable project or utility? We can structure complex solutions, across the risk spectrum, to meet your needs.
We have seen a significant shift towards renewable energy. Many renewable projects, particularly on the wind and power side, have reached grid parity over the last ten years, becoming more efficient and cost-effective thanks to advancing technologies. This is an exciting time for businesses in the energy sector, and we have had the privilege of partnering with many companies on the cutting edge of new technology in renewables.
Through our Power group, we finance projects for contracted assets as well as secured and unsecured financings for renewable energy utilities with a regulated rate base. We offer capital across the risk spectrum, structuring complex transactions over a diverse set of renewable energy generating technologies, including hydroelectric, wind, geothermal, and solar, as well as battery storage.
As a dedicated investor in the power markets, we are constantly monitoring how technology is changing, and would like the opportunity to talk with you about your vision for the future of energy.
Typical size
- Senior Debt: $20 – $200+ million
- Mezzanine Debt: $10 – $30 million
- Equity: $10 – $30 million
Typical issues
- Specific projects within the renewable energy sector
Structural characteristics
- Emphasis on project finance, utilities, and electric cooperatives
- Investment grade and below investment grade, fixed- or floating-rate debt, mezzanine, and partnership equity
- Emphasis on contracted assets and return on rate base
Issuer benefits
- Flexible capital for unique situations, across the risk spectrum
- Borrowers can expect to have consistent access to capital throughout market cycles
- Construction and term-lending with custom amortisation up to 30 years
Partner Story
TRANSFORMATION & TECHNOLOGY INNOVATION IN THE POWER GENERATION MARKETS
Hear Deb Hemsey, Ingrid Soldatova, Wendy Carlson, Parag Patel, and Ty Bowman review how the power markets have evolved.
“This solar project represents a change in the way business is being done. Pricoa is one of the companies that is leading that change, where we are converting from conventional fuel to renewable energy – this is something that my kids can live with, it is very critical to our future as a race and also as an investment community and as a development community. The partnership with Pricoa has been really important for realising that dream.”
Luigi Resta, Chief Executive Officer, Scatec Solar North America
Our People
A fast-moving industry needs fast-moving capital.
“The future is bright for renewable energy, and we are excited to be a part of it. We are looking forward to what is in store for our partners, because we know it is going to be great.”
INGRIDA SOLDATOVA
SENIOR VICE PRESIDENT
We share what we know
Receive our latest perspectives on business issues, industry trends, and economic insights.
Pricoa Private Capital (‘PPC’) is a trading name of PGIM, Inc. (‘PGIM’), the principal asset management business of Prudential Financial, Inc. ('PFI'). Pricoa Private Capital registered in Ireland as Pricoa Capital Group (Ireland) Limited, Pramerica Drive, Letterkenny Business and Technology Park, Letterkenny, Co Donegal, F92 W8CY, Ireland. Registered in Ireland under company number: 635793. Authorised and Regulated by the Central Bank of Ireland. In the United Kingdom (UK), and various other jurisdictions in Europe, certain investment activities are undertaken by Pricoa Capital Group Limited, authorised and regulated by the Financial Conduct Authority, (registration number 172071). Pricoa Capital Group Limited is registered in England No. 1331817. The registered office is Grand Buildings, 1-3 Strand, Trafalgar Square, London WC2N 5HR. PPC, Pricoa, PGIM and the Rock symbol are service marks of PFI and its related entities, registered in many jurisdictions worldwide. PFI of the United States is not affiliated with Prudential plc, a company incorporated in the United Kingdom.
©2019, Prudential Financial, Inc. and its related entities. Your personal information may be stored and processed in any country where PGIM has facilities or in which we engage service providers and if you provide Personal Information to us you consent to the transfer of that information to countries outside your country of residence, including the United States, which may have different data protection rules than those of your country.
