Tech Company Financing Transactions

rPlus Energies Funding Round

rPlus Energies, based in Salt Lake City, secured $450 million from CIBC, KeyBank and MUFG Bank.

Transaction Overview

Company Name
Announced On
11/3/2026
Transaction Type
Debt
Amount
$450,000,000
Round
Undisclosed
Proceeds Purpose
rPlus Energies will use the revolving credit facility of up to $450 million to support the continued development and construction of its near-term pipeline of solar energy and battery energy storage projects across the American West. The facility provides both funded borrowing capacity and letters of credit, giving the company additional financial flexibility to advance renewable energy projects, support construction activities and manage ongoing business requirements. The credit facility is backed by cash flows from nearly 1 GW of operating renewable energy assets, including the Green River Energy Center and Pleasant Valley Solar 2, strengthening the company's ability to expand its renewable energy portfolio and support future growth.

Company Information

Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
201 S Main Street 2100
Salt Lake City, UT 84111
USA
Email Address
Overview
rPlus Energies is an energy developer, owner and operator based in Salt Lake City, UT with a focus on developing, financing, constructing, owning and operating strategically-located, cost-competitive, large-scale energy generation and storage projects that will support industries and utilities to meet the demands of the ongoing energy expansion.
Profile
rPlus Energies LinkedIn Company Profile
Social Media
rPlus Energies Company Twitter Account
Company News
rPlus Energies News
Facebook
rPlus Energies on Facebook
YouTube
rPlus Energies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Luigi Resta
  Luigi Resta LinkedIn Profile  Luigi Resta Twitter Account  Luigi Resta News  Luigi Resta on Facebook
Chief Operating Officer
Cliff Smith
  Cliff Smith LinkedIn Profile  Cliff Smith Twitter Account  Cliff Smith News  Cliff Smith on Facebook


 

 

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