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
I would say that the meme here is “semi-true.”
It’s certainly true that he/she will be repairing broken relationships with our historical allies, but I don’t think that will be too terribly difficult. The rest of the world will be popping champagne corks the second Trump’s gone.
The simple answer to the question here is that we’ve become a nation many of whose people think, “I got mine. Go die.”
Now, how did this happen? That’s more complicated, but I suggest that, as I’ve believed since I was in my teens, we’re living through the endgame of free market capitalism.
The rich have gotten richer and have taken an ownership position in our lawmaking processes, so as to take them from millionaires to billionaires. At the same time, the rest of the U.S citizenry has become so poorly educated and desperate that they’ll believe that the people who harvest our fruits and vegetables are stealing our jobs and driving up the cost of housing.
Just a generation ago, Americans were proud that their country led the world in promoting democracy and moral fortitude. Now, we stand for racial hate, greed, cruelty, and war criminality.
Trump is elated that Republicans swept the Arizona Republican primaries.
That’s the level of intelligence we’re dealing with.
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