CIM Opportunity Zone Fund subsidiaries secure $372M construction & $166M bridge loans for California solar-plus-storage

CIM Opportunity Zone Fund, L.P.

Westlands Grape LLC and LandCo LLC (indirect subs) entered a Financing Agreement on June 16, 2026 for senior secured credit facilities totaling up to $972M.
Facilities include a $372M construction loan, $166M bridge loan, $372M term loan, and $61M letter of credit facilities.
Proceeds will finance a 246.4 MWac solar PV and 150 MWac/600 MWh battery storage project in Kings County, California.
Wells Fargo Bank is administrative agent and Truist Bank is collateral agent; the Fund itself did not guarantee the obligations.
Borrowers entered interest rate hedging arrangements and security documents pledging assets to support the credit facilities.

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