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
Remarkably, there are still Americans who buy into the concept promoted at left. Most people have figured out that:
The greed of corporations and billionaires has usurped our lawmaking processes and made it extremely difficult for the working class to live any decent kind of life.
Rule of law is a joke in the United States.
The final days of free market capitalism are upon us, leaving the common American more depressed and desperate than in any past age.
As the United States continues its slide into corporatocracy and oligarchy, the concept of universal healthcare becomes ever more unlikely.
As the midterms approach, we need to brace ourselves for the onslaught of messaging from the GOP to the effect that Trump is the only force separating America from communism. This, believe it or not, is a concept warmly embraced by tens of millions of hateful idiots.
The rest of the developed world deems healthcare to be a human right, like potable water. We counter: Bull****. Corporate profitability is the supreme right here.
Yes, the MAGA crowd has a huge appetite for the type of rhetoric we see at left, but their numbers are slowing shrinking.
That said, it’s still amazing that the U.S. is home to tens of millions of idiots who believe that liberals hate our country and are trying to destroy it.
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