KeyCorp’s KBCM Closes $75M Credit Facility for Lightshift Energy Storage Projects

Group 1 - KeyCorp is recognized as one of the best large-cap stocks to buy under $20, with a recent announcement of a $75 million credit facility for Lightshift Energy, which focuses on battery energy storage projects in the US [1][3] - The credit facility is structured to support Lightshift's expanding pipeline of energy storage projects, particularly on the East Coast, addressing the increasing demand for energy storage solutions amid supply constraints [2][3] - The financing package specifically supports six operational projects and facilitates the advancement of ten projects in construction, while also preparing for a significant growth phase in Lightshift's project pipeline [3] Group 2 - KeyCorp operates as the holding company for KeyBank National Association, providing a range of retail and commercial banking products and services in the US, divided into Consumer Bank and Commercial Bank segments [4]