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
The drawing here reminds me of a conversation I had with my mother in the early days of 2GreenEnergy when she saw that my focus had become an ongoing effort to improve the wellbeing of all the planet’s inhabitants–now and into the future.
She asked me, “Why don’t you just live your life?”
I explained, “This is my life.”
“How can there not be a way to make him legal?” a citizen asks.
Sadly, this is what being a conservative is all about in today’s America, i.e., you think abuse is fine, until it impacts your own life.
I agree with Joseph T. Stegall at left, but the main reason Trump needs to face justice is for the good of the country–and the entire world.
If Trump dies a “controversial figure” rather than a vicious criminal, the United States will never recover from the drubbing it’s taken on the world stage and the incredible amount of harm that’s been inflicted on the American people.
Moreover, failure to prosecute Trump would set the stage for the next sociopath to come along and take us down every further. Keep in mind that the next guy is probably not going to be as incompetent as Trump.
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