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
Can’t swear that this is true but hoping so.
We must never forget.
The more visibility and the more frequent reminders we can get on this catastrophe in U.S. history the better.
It’s almost funny when we hear that California is a socialist state, or a police state (due to our environmental restrictions), or that people are leaving in droves to go to Texas or Florida. When I come across people who say this, I wonder: have you ever actually been to California?
Do you know that the garden-variety 3 BR, 2 BA house here lists at about $1.2 million, where, if it were moved to, say, the Midwest, it would be worth perhaps $2500,000? Why do you think that could possibly be? Maybe the law of supply and demand doesn’t apply to the Marxist part of the nation?
Perhaps it’s because Californians are offered fantastic economic opportunities. We develop and implement ideas that improve the lives of everyone on Earth, and that we profit greatly from our undertakings.
Something for the MAGA crowd to consider.
The main way governments create wealth is by educating people so that they can become productive members of society. They also build roads and airports and maintain law and order so that honest businesses can thrive.
Anyone living now who believes that Elon Musk and Jeff Bezos are creating wealth for anyone but themselves is a total fool.
A ton of people bought into the concept expressed here in the mid-20th Century, but no semi-intelligent person today believes that tax breaks for billionaires/trillionaires generates a nickel for the common person.
-
Greenhouse Gases12 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Climate Change12 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Renewable Energy9 months agoSending Progressive Philanthropist George Soros to Prison?
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
-
Greenhouse Gases1 year ago
嘉宾来稿：探究火山喷发如何影响气候预测