Published

3 years ago

January 12, 2024

Alice Rush

Intersect Power has announced commercial operation of its Lumina Solar project, located in Scurry County, Texas.

The project generates 828 MW, enough to power more than 243,000 homes for one year, says the company. Built with First Solar panels, the project created more than 900 jobs at peak construction.

“Renewable energy is a critical piece of the overall American energy production story and Texas continues to lead the way in development and production,” says Sheldon Kimber, Intersect Power CEO. “We are proud to own and operate our now fully operational 2.2 gigawatt solar plus 1.4 gigawatt hour storage portfolio in Texas and California, which has helped drive significant economic development and job creation while bringing energy security and independence to our country.”

Renewable energy credits generated by the Lumina project will be purchased by two Fortune 100 companies. Funding for the project’s construction and operations was secured as part of the broader portfolio financing announced last September, when Intersect Power closed on portfolio level term debt, tax equity and construction financing commitments.

The portfolio term debt was provided by certain funds and accounts managed by HPS Investment Partners and other co-Investors. Tax equity was provided by U.S. Bancorp Impact Finance and two Fortune 100 companies. Construction debt was provided by Coordinating Lead Arrangers MUFG and Santander Corporate & Investment Banking, along with CoBank, KeyBanc Capital Markets, Bank of America, Helaba and Nord/LB as joint lead arrangers.

Intersect and its partners were represented by the following counsel and advisors on the deals: Orrick, Herrington & Sutcliffe represented Intersect as lead counsel and Kirkland & Ellis LLP served as Intersect’s special tax counsel; CCA Capital advised Intersect on the tax equity transactions; Greenberg Traurig served as counsel to U.S. Bancorp Impact Finance; and Winston & Strawn served as counsel to the construction lenders.

The post Intersect Power’s Lumina Project in Texas Reaches Commercial Operation appeared first on Solar Industry.

Intersect Power’s 828 MW Lumina Project in Texas Reaches Operation

Renewable Energy

There Were Prior Threats to the Nation Stemming from the White House

Published

1 day ago

September 24, 2026

Alice Rush

For most of our lives, many of us boomers have believed that the biggest threat to the United States was our president, starting with Tricky Dick Nixon, the inventor of the “trickle-down economics,” liar Ronald Reagan, and GW (the moron) Bush.

But yes, none of us was prepared for the cold, calculating criminal who is Donald Trump.

There Were Prior Threats to the Nation Stemming from the White House

Renewable Energy

Yes, Human Activity, in its Current State, Is Unsustainable

Published

1 day ago

September 24, 2026

Alice Rush

The fact that human activity is unsustainable has been revealed to us gradually over the last century. Rachel Carson’s “Silent Spring” was published 63 years ago.

That said, the ideas of climate change, ocean acidification, and loss of biodiversity have been essentially unchallenged by scientists for just the last couple of decades.

The only thing standing in the way of rapid environmental progress is greed, and in the end, that may prove to be an unbeatable foe. Decarbonizing our grid and transportation sector will eventually destroy the fossil fuel industry, a group so powerful that it has a stranglehold, both on our lawmakers and on our corporate-owned media, that works so hard to misinform our citizenry.

Yes, Human Activity, in its Current State, Is Unsustainable

Renewable Energy

Will the U.S. Top Military Intervene Before Trump Inflicts Irreparable Damage

Published

1 day ago

September 24, 2026

Alice Rush

It’s still possible that our most senior military leaders will insert themselves in time to prevent some truly catastrophic event here in the United States/abroad.