Vesper Energy has announced the closing of financing for its 600 MW Hornet Solar project in Texas.
The company secured a $590 million debt financing package for the single-phase solar project, consisting of a construction-to-term loan and letter of credit facility. The bank group includes MUFG Bank, Nord/LB and Santander Corporate & Investment Banking as coordinating lead arrangers, BayernLB as joint lead arranger and Associated Bank as lender.
“Closing project financing and a long-term purchase agreement for the PTCs on a large project in west Texas is complex,” says Vesper Energy CFO, Robert Scheuermann. “We are proud to invest in Hornet Solar alongside top-tier lenders and investors. This closing is a testament to the value Vesper Energy generated in the asset.”
With a nameplate capacity of 600MW, the company says the project will utilize bifacial PV modules on a single axis tracking system as well as interconnect to Oncor Electric’s transmission system in ERCOT.
Blattner Energy is constructing the Hornet Solar project. The power generated by the project is contracted to four off-take partners through individual PPAs.
Vesper Energy was advised by CCA Capital on the sourcing and structuring of the PTC transfer commitment.
The post Vesper Energy Closes $590M in Financing for Hornet Solar appeared first on Solar Industry.
Obviously, this isn’t a real human being, though there are tens of millions with this perspective, so let’s treat him as if he were an actual guy.
No one’s going to hate you, because everyone with a brain supports border control and law enforcement.
You are, however, running the risk of being regarded as a moron. There are hundreds of points of domestic and international law, reason, and humanity that are being addressed every day along these lines.
Why don’t you go on keepin’ those doggies moving, and let the rest of us do our best to figure out how to treat immigrants legally and humanely?
The guy who sent me this writes Could not be any clearer than that.
We’ve all heard the adage, “If guns are outlawed, only outlaws will have guns.”
It has a nice ring to it, but it really doesn’t hold water in the real world, where counties with strict gun laws, e.g., Japan, England, and Australia have very low rates of violent crime.
Note: these countries don’t have an NRA, a fabulously wealthy lobbying organization that controls their lawmaking apparatus.
Moreover, outside the United States, it’s very hard to find a place where a potentially mentally unstable person can go into a store and walk out with a weapon of war, capable of killing 50+ people each minute.
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