KeyState Renewables and Monarch Private Capital have closed nearly $100 million in tax equity financing with North Carolina-based Pine Gate Renewables on the Glover Creek solar project near Bowling Green, Ky.
Glover Creek was the second solar project to receive a permit from the state’s Electric Generation and Transmission Siting Board and is the first solar project to be constructed in Metcalfe County.
Upon completion, the project will generate 76.65 MW DC. Pine Gate Renewables, via its project entity, Glover Creek Solar LLC, has entered into a 20-year power purchase agreement with Constellation NewEnergy Inc., a wholly owned subsidiary of publicly traded Constellation Energy Generation.
KeyState Renewables launched its tax equity platform, SOLCAP, with Corner Power in 2019. Since then, SOLCAP has raised and deployed over $265 million in solar tax equity for investors.
This is SOLCAP’s second tax equity investment with Pine Gate Renewables. In February 2020, SOLCAP closed financing on a portfolio of six solar projects in Oregon and South Carolina with Pine Gate Renewables.
The post Glover Creek Solar Nets $100 Million in Tax Equity Financing appeared first on Solar Industry.
Glover Creek Solar Nets $100 Million in Tax Equity Financing
Incompetence isn’t actually the issue with Trump.
Imagine for an instant that the president was paid $100 billion per year to run this country, and that he was given a $50 billion annual merit-based bonus if his key statistics were up that measured how well the country was doing in terms of the quality of Americans’ lives. Do you think he’d be starting useless and illegal wars that drive up consumer prices? Destroying the educational system and the environment?
Not for a millisecond.
As shown here, there are (formerly credible) people who are telling us that Trump is restoring Americans’ trust in government.
Do they truly believe this?
One of the casualties of the post-truth era is that the statements of our “leaders” no longer are required to have any basis in fact. What Jim Jordan says here is a fine example.
When he says “better” here, is he referring to runaway inflation? Trump’s purposeless and illegal war with no end in sight? His blatant corruption and criminality? His having, quite successfully, divided the American people into groups that hate each other? The enrichment of billionaires at the expense of the working class? The carefully engineered collapse of the environment so as to favor his donors in fossil fuels? The demise of the U.S. educational system?
Please be clear.
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