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
Well, if I had the IQ of a squirrel and believed that Fauci colluded with hundreds of other top scientists around the world to enslave the planet’s population, I would jump right on board.
Doesn’t work for me, though.
Today, however, belief in science and reason makes me a communist.
If you want a steady stream of information about the supposed value that ExxonMobil is bringing to the world, you may want to sign up for this.
These people are playing for keeps, btw. They’re destroying a little piece more of this planet every day, and they understand that completely.
But there is money at stake. Lots of it.
ExxonMobil Has a PR Campaign that Will Appeal to Some People
To the reader who sent me this meme:
I wouldn’t say that Trump’s illegal invasion of Iran was done for “no … reason.”
What he did created world chaos and caused most Americans in particular to suffer. The more desperate we become, the more likely we’ll be to accept his repeated claims that “Only I can fix it.”
Chaos also helps to justify a claim of a “national emergency” that Trump could use to cancel the 2026 midterms. If November happens as everyone predicts, this will the end of his political and legal future.
Destroying renewable energy to further enrich his Big Oil megadonors makes Trump that much more powerful.
We’re in a pathetic position.
I’m not one to say, “I told you so,” but since my adolescence, I predicted that big money in government would soon ruin this country.
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