Origis Energy has closed on a $136 million construction financing facility and conversion to term loan with MUFG for its Rice Creek Solar project under construction in Putnam County, Fla.
Rice Creek Solar, a 75 MW PV solar facility project the company says is nearing completion, is contracted by the Florida Municipal Power Agency (FMPA) for its members. FMPA will serve as project coordinator for their member-owners, who are slated to purchase power from the facility. Origis is the project’s builder, owner and operator.
“Origis and MUFG continue to build a strong alliance.,” says Vikas Anand, CEO of Origis Energy.
“MUFG’s deep expertise in this sector and their well-defined underwriting process enable Origis to focus on speed to market and successful scaling of our business. Rice Creek Solar is a perfect example of moving the clean energy transition forward through collaborative municipal programs. We thank MUFG for their support and look forward to delivering the project for FMPA.”
Latham & Watkins represented Origis Energy in the transaction, with Akerman serving as local counsel. Milbank acted as MUFG’s counsel, with Greenberg Traurig serving as MUFG’s local counsel.
The post Origis Energy, MUFG Close on Financing for Florida Municipal Solar Project appeared first on Solar Industry.
Origis Energy, MUFG Close on Financing for Florida Municipal Solar Project
I see.
There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.
LOL.
It’s possible that right now, there are other civilizations observing the human race, studying us from afar, and noticing our decline into savagery and eventual extinction by turning billionaires into trillionaires.
People say that the principal weakness of human beings is that we can’t plan for the future as a species. Dogs are arguably even worse, though they aren’t consumed with greed. They don’t plot the starvation of millions of other dogs so they themselves can have enough food to last a billion years.
As an elderly man, I’ll be leaving this planet soon, but I won’t cease pondering this until my heart stops beating.
The drawing here reminds me of a conversation I had with my mother in the early days of 2GreenEnergy when she saw that my focus had become an ongoing effort to improve the wellbeing of all the planet’s inhabitants–now and into the future.
She asked me, “Why don’t you just live your life?”
I explained, “This is my life.”
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