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
Renewable Energy
Is a Team of Is a Bunch of MAGA Thugs Beating the Snot Out of a Woman a New Low, or Is it What We Now Need to Expect?
Just when we think there is a bottom, the United States sinks just a bit lower. It’s our brand nowadays.
That’s quite a left cross this thug delivered to this helpless female protestor.
It wasn’t too long ago that beating up women was taboo in America. My 11-year-old, sixth-grade son saw a male classmate of his badly bruise a girl by pushing her hard down to the ground–and proceeded to punch him in the mouth. A fellow father witnessed the scene and told me, “Your son’s fist was in that kid’s teeth within a fraction of a second.”
I had brought him up to avoid violence and achieve peaceful resolutions to conflicts, but I couldn’t fault him here.
What a disgusting bunch of turds we’ve become.
We’re starting to see intimations that stupidity like this is generated and posted by Russian data centers so as to appeal to MAGA idiots and favor the Republicans in the upcoming midterms.
Every day, we come across articles that summarize Trump’s “accomplishments.”
I thought I’d publish this masterpiece.
Is a Team of Is a Bunch of MAGA Thugs Beating the Snot Out of a Woman a New Low, or Is it What We Now Need to Expect?
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