CRC-IB Advises Walmart on 31-Project Community Solar Financing
CRC-IB is pleased to announce that it has advised Walmart Inc. (NYSE: WMT),the world’s largest retailer, in providing equity investment in a 120MWdc community solar portfolio consisting of 31 projects located across five U.S. states. Once operational, the projects will deliver renewable energy to both commercial and residential customers in Maine, Massachusetts, New York, Illinois, and Minnesota.
CRC-IB served as the exclusive financial advisor to Walmart on the transaction.
“We’re honored to support Walmart’s efforts and contribute to delivering long-term value for both Walmart and the communities it serves,” said Michael Tatarsky, Managing Director at CRC-IB.
For more information on this transaction, please contact Michael Tatarsky.
For the full press release, please click here.
About Walmart
Walmart Inc. (NYSE: WMT) is a people-led, tech-powered omnichannel retailer helping people save money and live better — anytime and anywhere — in stores, online, and through their mobile devices. Each week, approximately 255 million customers and members visit more than 10,500 stores and numerous eCommerce websites in 19 countries. With fiscal year 2024 revenue of $648 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com.
