NORCROSS, GA, Suniva, a manufacturer of silicon solar cells, announced the completion of an $835 million capital raise comprising both debt and equity financing.
The financing was provided by a group of top-tier financial partners, including Suniva's largest shareholder and long-term backer, Lion Point Capital, and consists of senior secured credit facilities provided by funds managed by Goldman Sachs Alternatives and I Squared Capital, a second lien credit facility provided by JBA Asset Management, and equity investments by Electron Capital Partners, Orion Infrastructure Capital (OIC), and Rubric Capital Management, along with certain other investors
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