Kayne Anderson Capital Advisors has expanded its renewable investment platform with a series of solar investments in addition to several hires.
In the second quarter, Kayne’s private renewables team led a $190 million convertible note issuance by Sunnova, one of the largest residential solar providers in the United States; structured and led the construction loan facility for Centerfield Cooper Solar, a 98-megawatt utility scale solar project in South Carolina; and commenced construction on Harts Mill Solar, a 112-megawatt utility-scale solar project in North Carolina.
“The energy industry is experiencing an unprecedented transition, and the rapid growth of renewables is creating attractive, risk-adjusted investment opportunities today, and we expect this to continue for decades,” said Mike Levitt, CEO of Kayne Anderson.
In addition, Kayne has appointed Jon Levinson and J.C. Frey to co-heads of Kayne’s renewable platform. Levinson will lead private renew
