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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.”

The post Macquarie Asset Management, Sol Systems Invest $85M in Midwest Solar appeared first on Solar Industry.

Macquarie Asset Management, Sol Systems Invest $85M in Midwest Solar

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Renewable Energy

Will Mr. Pillow Become the Next Governor of Minnesota?

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According to a recent poll conducted by Emerson College, if the election were held today, Mike Lindell would lose to Amy Klobuchar by a margin of 53% to 31%.

Now, exactly what does that translate to in terms of a probability of Lindell’s winning?  I’m unaware of a scientific method of making that calculation, but it can’t be more than 1 or 2 percent.  Perhaps the same as a three-legged horse winning the Kentucky Derby this coming May.

Minnesota is one of the least favorable states in the union for a moron Trump supporting liar, who lost a $2.3 million defamation suit when he claimed that Dominion Voting Systems had rigged the 2020 election in favor of Biden.

Sure, California or Massachusetts would be worse, but most Minnesotans are well educated and affluent people with solid moral values.

Will Mr. Pillow Become the Next Governor of Minnesota?

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Renewable Energy

Waste Tire to Fuels

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It’s nice see that the company at left says that its “goal” is waste tire to fuels, rather than that it actually doing so, which would be a lie, albeit one that is commonly told.

About 15 years ago, there were many dozens of organizations working on this, but none of them succeeded, because the a) the technology wasn’t mature, and b) the whole enterprise wasn’t cost effective.

Waste Tire to Fuels

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Renewable Energy

When Did America Turn Mean?

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I would say it happened when Donald Trump entered the political scene in 2015 and wasn’t immediately laughed off the stage.

I remember calling my mother in disbelief and asking her if there wasn’t an unwritten rule that a successful presidential candidate has to be a decent and honorable human being.  Sure, we elected Nixon (twice), but we didn’t know he was a criminal at the time.

When Did America Turn Mean?

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