News
18 May 2026

CIM launches $400m Permanent Power platform

In:
Power, Renewables
Region:
Americas

CIM Group has launched Permanent Power Company with a $400 million financing commitment and a long-term US solar and storage PPA. The Los Angeles-based real estate and infrastructure owner will have a strategic focus on projects in qualified rural Opportunity Zones. The financing commitment comes...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...

Perspective
21 May 2026

Crypto lenders and commercial banks move into GPUs

Private credit is losing its share of the AI computing market at both ends. Hyperscale credits are migrating to banks, and the lower-rated borrowers to decentralised finance.