-+ 0.00%
-+ 0.00%
-+ 0.00%
Kenon Subsidiary OPC Energy Announces $825 Million Financing for Shore, Maryland Power Plants
Share
Listen to the news
Kenon Subsidiary OPC Energy Announces $825 Million Financing for Shore, Maryland Power Plants
  • Kenon Holdings subsidiary OPC Energy's CPV Generation Holdings signed an $825 million financing agreement for the Shore and Maryland power plants.
  • The borrower is wholly owned indirectly by CPV Group, which OPC owns 71%; financing is non-recourse to CPV.
  • Proceeds will primarily refinance existing project debt and fund an approximately $130 million dividend to CPV at closing, subject to conditions.
  • Financing comprises a $625 million term loan B, a $125 million letter of credit facility and a $75 million revolving credit facility.
  • The term loan matures seven years from closing, carrying a SOFR-based interest rate with a 2.5% spread.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kenon Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-26-004867), on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending