Macquarie Asset Management and Sol Systems have jointly invested $85 million in support of the construction and operation of five utility-scale solar projects in Illinois and Ohio.
Macquarie provided the investment on a fully bilateral basis in the form of a six-year term loan facility. The facility is subordinated to senior debt and tax equity and is secured against Sol Systems’ ownership interest in the underlying projects.
The projects are expected to complete construction by next year. A software services provider has signed a long-term PPA for the project’s total power.
“We are excited about the beginning of our partnership with Sol Systems,” says Macquarie’s Harlan Cherniakt.
“The investment aligns with our strategy of providing customized capital structure solutions to top-tier financial partners, strategic infrastructure sponsors and their portfolio companies, as well as our ongoing commitment to accelerate the decarbonization of the U.S. power and transmission grid.”
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Macquarie Asset Management, Sol Systems Invest $85M in Midwest Solar
Renewable Energy
Is It Right to Take Back the
China owns less than 1% of the 3.6% of U.S. farmland that is owned by foreign governments and investors.
Some would say:
Stealing their miniscule position is imperative.
Forget about World War 3, the Epstein files, and Trump’s criminal psychosis.
Let’s get on this, before their holdings grow to 0.04%.
Is It Right to Take Back the <0.036% of All U.S. Farmland Owned By China?
Renewable Energy
The Second Coming of Christ
I know there are people hoping to see human civilization destroy itself, to welcome in the apocalypse as forecast in the book of Revelation. In fact, one of my co-coaches in the days our kids played soccer had this precise belief.
When I explained that my life’s work was to halt the destruction of human society, he chastised me: “Oh no Craig! The sooner life on Earth comes to an end, the sooner Christ will return to summon us all to Heaven!”
I wasn’t impressed with his thinking.
Renewable Energy
Trump Is Criminally Insane, and ….
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… All this is coming to a head.