Longroad Energy has announced the financial close of Serrano, its 220 MW solar and 214 MW storage project in Pinal and Pima Counties, Ariz., with site commercial operations expected to commence next year.
Serrano is the company’s first project to utilize First Solar’s domestically manufactured Series 7 panels, with output slated to be purchased by Arizona Public Service (APS) via a long-term PPA.
“Longroad is pleased that our Serrano project has achieved the milestones of financial closure and commencement of construction,” says Paul Gaynor, CEO of Longroad Energy.
“We are proud to support American manufacturing and the domestic solar supply chain as we expand our solar footprint in the robust Arizona market, which now surpasses 1.5 GW of operating or under construction projects. Longroad is grateful to our banking partners, APS, McCarthy and state and county authorities as we move forward to bring this important project to commercial operations.”
McCarthy Building Companies is the project’s EPC contractor. Serrano’s BESS will be provided by storage platform provider Powin and will include SMA inverters and cells from AESC, to be integrated into Powin’s Modular and Scalable Centipede Energy Storage Platform. Longroad, in conjunction with Powin and NovaSource Power Services, will provide long-term operations and maintenance services for the BESS.
Nextracker is supplying trackers for the project and Sungrow is supplying the solar inverters. Comprehensive operations and maintenance services for the project will be provided by NovaSource Power Services and Longroad affiliate Longroad Energy Services.
Debt financing was led by CIBC and Societe Generale and included ANZ, PNC, Commerzbank AG and U.S. Bancorp Impact Finance. CIBC acted as coordinating lead arranger, administrative agent, collateral agent and green loan coordinator. Societe Generale acted as coordinating lead arranger. U.S. Bancorp Impact Finance served as joint lead arranger and depositary bank. Athene Annuity and Life Insurance Company, an affiliate of Apollo Global Management, is the project’s tax equity investor and was advised by Apterra Infrastructure Capital.
The post Longroad Energy Closes Financing on Serrano Solar + Storage Project appeared first on Solar Industry.
Here’s an ultra-right-winger who thinks that his voters are so stupid that they’ll believe that U.S. courts are routinely sentencing thieves to have their hands amputated.
We have huge problems in this country, but the “onslaught” of Sharia Law isn’t one of them.
This is a fine example of the decay of American education. Think back to when you were in junior high school. If someone said something like this, wouldn’t you have asked, “Are you serious? Radical Islam has usurped the U.S. Constitution? Can you provide any evidence to support this?
Now, we accept it, because some Trump supporter in congress tells us it’s true.
Forget about the Epstein files and the overt corruption in the White House. Let’s focus on Sharia Law.
What the boob at left is saying is partially true, in that only some people in the rest of the world are laughing at the United States.
The vast majority of people I meet from other countries are crying, not literally, but they almost uniformly express their astonishment and profound sorrow that the former envy of the world could have been reduced to a banana republic — and in such a short period of time.
It’s hard to understand how someone can be so apathetic that they sit out an election where what’s at stake is American democracy.
Suppose you’re one of the idiots who believes that Trump is an honest and effective leader, that the 2020 election was rigged, etc. Wouldn’t you go vote for the Republicans in the midterms?
Suppose you understand that Trump is a pathological liar who has wreaked great damage on our nation. Wouldn’t you want to vote against the Republicans?
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