BrightNight and Cordelio Power have secured a $414 million construction credit facility for their 300 MW Box Canyon solar power project in Pinal County, Ariz.
“Along with our recent $375 million corporate credit facility with a strong bank group, this successful financing is a significant milestone in funding the buildout of our extensive 37 GW renewable power portfolio,” says Martin Hermann, BrightNight CEO.
“We deeply value our partnership with SPPA, Pinal County and the state of Arizona. This funding will bring much-needed clean power, hundreds of skilled jobs, economic development and energy security to this strategic and rapidly growing region.”
BrightNight and Cordelio Power are co-members of BOCA bn, the project’s owner. Construction began in December, with the project expected to be operational next year.
Zions Bancorporation served as administrative agent and coordinating lead arranger. Joint lead arrangers are National Bank of Canada, Royal Bank of Canada, Sumitomo Mitsui Trust Bank and Canadian Imperial Bank of Commerce.
Blattner is the project’s EPC contractor.
The post BrightNight, Cordelio Power Close on Financing for Arizona Box Canyon Project appeared first on Solar Industry.
BrightNight, Cordelio Power Close on Financing for Arizona Box Canyon Project
Of course, there is no science or math behind the map here. But it fits the narrative that people are fleeing California because of its (you name it) environmental regulation, high taxes, woke ideologies, etc.
Why would anyone want to live in a state that, if it were a nation on its own, would be the fourth largest economy on Earth? Leads the planet in innovation? Where someone can ski and surf in the same day?
Better get yer ass down to Texas, the oil-drillin’ and death penalty capital of the world.
If you’re a racist moron who’s desperate to punish blacks, immigrants, Muslims, LGBTQs, as well as intelligent, kind people, you can force yourself to believe that constant torrent of lies that come out of Trump’s mouth.
You go online our turn on the television, not to learn something, but go shopping for ideas that support the hateful crap that’s already in your mind.
Wind turbines work by extracting some of the kinetic energy from moving air and transferring it to the blades that move in a circle.
No moving parts means no kinetic energy.
Sorry.
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