NewswireToday - /newswire/ -
Chicago, IL, United States, 2013/06/06 - Invenergy is pleased to announce that it has been named Project Finance Borrower of the Year by Power Finance & Risk (“PF&R”), part of the publication’s tenth annual industry honors program, the Power Finance Deals & Firms Awards - InvenergyLLC.com.
According to PF&R,“the industry has spoken”, with Invenergy among the companies “recognized by their peers for excellence.” This is the first year in which award winners were determined by online polling of borrowers, investors, bankers, and advisors throughout the Americas. Previously, honorees were selected by editorial staff at PF&R, a publication of the Power Intelligence information service. The new voting process took place over a period of two months, in April and May of 2013.
“We’re pleased to receive this recognition from Power Finance & Risk,” said Jim Murphy, Invenergy’s Chief Financial Officer and Chief Operating Officer. “Over the past decade, our team has successfully raised over $12 billion of debt and equity capital for our business, including financings in the United States, Canada, and Europe. This is a real credit to the strength of our team and their ability to execute transactions, including during some difficult market conditions.”
Among the insight provided by the polling, voters expressed confidence in the Invenergy finance team due to its “breadth of expertise”, and singled out the company’s “flawless execution, internal and external team coordination, and an ability to anticipate issues and develop strategies to address for quick resolution”.
“Invenergy greatly appreciates being honored by those in the industry with whom we value our strong relationships,” said Steve Ryder, Invenergy’s Senior Vice President for Finance. ”We also thank the project finance community for its support of our robust and diverse transaction pipeline in 2012, and look forward to continuing this momentum throughout 2013 and beyond.”
Invenergy (invenergyllc.com) and its affiliated companies develop, own and operate large-scale renewable and other clean energy generation facilities in North America and Europe. North America’s largest independent wind power generation company, Invenergy is committed to clean power alternatives and continued innovation in electricity generation. The company’s home office is located in Chicago and it has regional development offices throughout the United States and in Canada and Europe.
Invenergy has developed more than 7,100 MW of clean energy projects that are in operation, in construction, or under contract, including 49 wind, 3 solar, and 6 natural gas power facilities.