energyRe has secured $155 million in project financing and a $85 million tax equity commitment for its 108 MW Lone Star Solar project and 198 MW BESS, located in South Carolina.
Financing for the project includes construction debt, tax equity bridge facility and letter of credit facility, with Santander acting as the coordinating lead arranger. Bank of America has committed the tax equity. The transaction was led by the energyRe M&A and Investments teams.
“Lone Star Solar reflects energyRe’s commitment to accelerating the U.S. energy transition with reliable, clean power,” says Miguel Prado, CEO of energyRe.
“We are grateful to our financial partners for supporting Lone Star Solar, which will be one of the largest solar and storage facilities in the Southeastern United States. Today’s announcement underscores energyRe’s market leadership and our proven track record of delivering results for our communities.”
The project is under construction and is expected to be operational by fall.
Last January, the company announced a 10-year PPA with Dominion Energy South Carolina for Lone Star Solar. Syensqo is slated to purchase all of the renewable energy certificates generated by the project.
The post energyRe Secures Financing, Tax Equity Commitment for Lone Star Project appeared first on Solar Industry.
energyRe Secures Financing, Tax Equity Commitment for Lone Star Project
Obviously, what MTG says here is good news, but really? Is she sincere, or did she realize that it was to her political advantage?
I’m highly suspicious. Until this reversal, she was known for her positions as a white supremacist, antisemite, QAnon conspiracy theorist (including Pizzagate), anti-vaxxer, and Putin supporter, and for aiding and supporting attempts to overturn the results of the 2020 election.
Now, out of nowhere, she’s a sane individual?
The lifecycle of someone like Tucker Carlson and the others mentioned at left:
a) They’re on Fox News or maybe they have their own podcast, spouting pro-Trump crap.
b) They see what they should have seen from the start, i.e., that Trump is criminally insane, and the say so publicly.
c) Trump calls them “low IQ.”
Doesn’t this garbage have a limited shelf-life? Are voters going to buy this indefinitely?
At left see we what it’s like when a formerly great country is being led be a moron.
Will “they better stop now!” lay this issue, the precursor to World War III, to rest?
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