Barclays and Lightsource bp have committed to a $140 million tax equity transaction slated to finance construction of the 180 MW Prairie Ronde solar project in St. Landry Parish, La.
The deal was led by Barclays’ Sustainable Project Finance team, working in partnership with the bank’s Energy Transition Group, formed last month to advise clients as they explore energy transition opportunities. Barclays acted as the sole external equity investor on the deal.
Lightsource bp plans to build, own and operate the solar farm, where commercial operation is expected to begin later this year. A power purchase agreement is in place with McDonald’s Corporation.
“As members of the St. Landry community, we look forward to delivering affordable clean energy while continuing to expand our investment in Louisiana to help power the state’s low carbon, independent energy future,” says Lightsource bp’s Emilie Wangerman.
“What’s really exciting is commitments like Barclays to sustainable and energy transition financing are also helping boost local economies. The Prairie Ronde project is expected to provide more than $20 million tax revenue to St. Landry Parish public services such as local school systems over the life of the project.”
The post Barclays, Lightsource bp Agree to Tax Equity Deal for Louisiana Project appeared first on Solar Industry.
Barclays, Lightsource bp Agree to Tax Equity Deal for Louisiana Project
It’s incorrect to say that “liberals are furious” on this matter. We’re deeply disappointed that about one-third of our population is a blend of greedy pigs and hateful idiots.
I was on a Zoom call this morning with some people who were weighing in on this question: Is the damage caused by the Trump administration in terms of losing our claim to be a moral, democratic leader on this planet permanent, or can it be repaired over time?
We were unable to reach a consensus. Some said that the nation in the modern era is swinging as if on a pendulum. We had a gentleman and an extremely accomplished intellectual in the person of Obama, following by a despicable thug (Trump); the pendulum can swing back once more.
Very few people object to Donald Trump on the basis that he’s a capitalist. All 340 million of us live in a capitalist country, one that has done just fine for itself over the last 250 years.
On the other hand, the vast majority of Americans reject Trump as a lifelong criminal, now sucking the life out of the common citizen, and throwing away our country’s former glory so as to further enrich himself.
Renewable Energy
Take a Cool Guess—The Fun Quiz on Renewable Energy and Environmental Sustainability. Today’s Topic: Is CO2 a Lever in Climate Change?
Question: Why is Venus, though farther from the sun than Mercury, much hotter?
Answer: Can be found at Clean Energy Answers.
Relevance: As shown here, heavily funded (funded by whom?) climate deniers are inventing dozens (hundreds?) of ways to convince us that climate change is a hoax.
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