National Renewable Solutions (NRS) has closed on $145 million in project financing for its Shallow Basket Project, a 140 MW solar and 50 MW storage project located in Rio Arriba County, N.M.
The project is under construction and is expected to be operational next year. NRS developed the project and will continue to own and operate it.
Deutsche Bank provided the construction financing. Guzman Energy is set to purchase 100% of the power and associated renewable attributes.
Jicarilla Apache Nation is leasing its land for Shallow Basket and will also benefit from power produced by the project through its wholesale supply agreement with Guzman Energy.
“The financing of Shallow Basket Project represents an exciting turning point for NRS,” says Bill Whitlock, CEO of NRS.
“The culmination of years of planning, this solar and storage project supports our strategy of retaining our projects through operation. Thank you to Deutsche Bank for their support. We are grateful for the opportunity to grow our relationship with the Jicarilla Apache Nation as we complete construction and operate the project for the long haul.”
Albuquerque-based Gridworks is the engineering, procurement and construction provider.
The post National Renewable Solutions Secures Project Financing for Shallow Basket Project appeared first on Solar Industry.
Developer Secures Project Financing for Shallow Basket Project
To the a
uthor of the meme here, I would suggest that hate and ignorance are far more aggressive forms of cancer.
Yes, Hegseth and RFK, Jr. will be gone, but I think what’s going to happen first is the decapitation of the snake itself, i.e., the removal of Trump from the presidency.
Based on the news on social media, this could happen via the 25th Amendment, based on Trump’s mental deterioration. In my view, that’s a shame. If he’s not criminally prosecuted, this nation will be deprived of letting the American people and the rest of the world know that rule of law still matters in the United States.
Steve Bannon on the Consequences of a Blue Tsunami in November
When I was young, I heard someone say, “The first execution this country televises will be the last one ever performed here.”
I think he was right at that time. You’d have millions of people watch that barbarism and realize that it was done in their name.
But today, we’re a far more insensitive, brutal, and stupid people that we were 50 years ago. If you doubt that, just look at the quality of the people at the top of the federal government–people like RFK, Jr., Hegseth, and Trump.
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