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Salt Lake City, Utah-based rPlus Energies has successfully secured over $1 billion in construction debt financing for its Green River Energy Center project subsidiary.

Located in Utah’s Emery County, an area with a long history of energy production, the project is comprised of 400 megawatts of solar photovoltaic (PV) power and 400 MW/1,600 megawatt-hours of battery storage and includes a power purchase agreement with PacifiCorp.

Five financial institutions are contributing to this debt financing deal as coordinating lead arrangers. They are Crédit Agricole Corporate and Investment Bank, KeyBanc Capital Markets, MUFG Bank Ltd., Truist Securities Inc. and Wells Fargo Securities LLC, with MUFG acting as administrative agent for the lenders.

“The Green River Energy Center marks rPlus Energies’ debut as an independent power producer,” says Luigi Resta, rPlus Energies president and CEO. “We extend our deep gratitude to the five esteemed lenders, and their affiliates and syndicate members, for supporting one of the largest projects of its kind in the country.”

Norton Rose Fulbright served as lead counsel to rPlus. Dorsey & Whitney served as special Utah counsel to rPlus. The lenders were represented by Winston & Strawn, with support from Snell & Wilmer on Utah law matters.

Green River Energy Center is one of the largest planned solar-plus-storage facilities in Utah and ranks among the most expansive solar energy facilities within PacifiCorp’s system. The project is expected to generate about 500 construction jobs with a significant percentage of the full workforce expected to be hired locally. Once operational, it will significantly boost local tax revenue to Emery County, providing an ongoing benefit to the county’s budget and services, in addition to long-term energy employment opportunities.

Engineering, procurement and construction services will be provided by Sundt Renewables.

The post Green River Energy Center Project Receives Over $1B in Debt Financing appeared first on Solar Industry.

Green River Energy Center Project Receives Over $1B in Debt Financing

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Renewable Energy

Bravery Meets Tragedy: An Unending Story

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Here’s a story:

He had 3 days left until graduation.

STEM School Highlands Ranch. May 7, 2019.

Kendrick Castillo was 18. A robotics student. College bound. Accepted into an engineering program. The final week of school felt like countdown, not crisis.

Then a weapon appeared inside a classroom.

Students froze.

Kendrick did not.

Witnesses say he moved instantly. He lunged toward the attacker. No hesitation. No calculation.

Two other students followed his lead.

Gunfire erupted.

Kendrick was fatally sh*t.

But his movement changed the room.

Classmates were able to tackle and restrain the attacker until authorities arrived. Investigators later stated that the confrontation disrupted the attack and likely prevented additional casualties.

In seconds, an 18-year-old made a decision most adults pray they never face.

Afterward, the silence was heavier than the noise.

At graduation, his name was called.

His diploma was awarded posthumously. The arena stood in collective applause. An empty seat. A cap and gown without the student inside it.

His robotics teammates remembered him as curious. Competitive. Kind. Someone who solved problems instead of avoiding them.

He had planned to build machines.

Instead, he built a moment.

A moment that classmates say gave them time.

Time to escape.

Two points:

If you can read this without tears welling up in your eyes, you’re a far more stoic person than I.

Since Big Money has made it impossible for the United States to implement the same common-sense gun laws that exist in the rest of the planet, this story will reduplicate itself into perpetuity.

Bravery Meets Tragedy: An Unending Story

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Renewable Energy

Forced Transgendering of America’s Little Kids

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How often does this happen? How about never?

Trump loves to say that little boys go to school and come back home little girls.

He’s the most powerful person in the world for exactly one reason: We’re a nation of morons.

Forced Transgendering of America’s Little Kids

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Renewable Energy

Illegal Aliens and U.S. Veterans

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Two comments:

That the United States has homeless veterans is a national (and international) disgrace.

By definition, no one has the legal right to enter the U.S. illegally, but according to our constitution, everyone in America is entitled to due process.

Illegal Aliens and U.S. Veterans

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