Paz Oil, Arava Power and Menora Mivtachim have closed on a tax equity bridge loan of $144M for the 272 MW Sunray Project located in Uvalde County, Texas.
The financing will support the project’s continued construction and operation.
“We are delighted to have reached another significant milestone in the financing of Project Sunray and are honored by the close partnership and continued support of Nomura,” says Ilan Zidkony, CEO of Arava Power. “It’s deeply gratifying to see our debut project in the US progress so successfully towards commercial operation.”
The project has become eligible for the 10% community energy adder enacted under the Inflation Reduction Act. The additional tax equity commitment was provided by a U.S.-based financial institution which also gave the original tax equity commitment together with an unnamed technology company.
Nomura Securities acted as bookrunner and coordinating lead arranger, underwriting the tax equity bridge loan financing.
The post Paz Oil, Arava Power, Menora Mivtachim Close on Sunray Loan appeared first on Solar Industry.
At left is a recent post by a “friend” on FB. A couple of points that illustrate how inane and dangerous social media can be:
- This is a hoax that was debunked that year.
- Protesting the U.S. support for what’s happening in Gaza is far different than “organizing pro-Hamas rallies.”
- Objecting to the free expression of ideas is unAmerican.
Of course, stupidity exists even in the absence of social media, but there is no doubt that it accelerates that rate at which crap like this can be promulgated throughout our society.
To accept what House Speaker Mike Johnson says here, you’ll have to pretend that you received your DOGE and Tariff checks, that grocery and gasoline prices aren’t through the roof, that the national debt didn’t just break the $40 trillion barrier, and that the United States has won the illegal and pointless war in Iran.
OK, we’re stupid, but there must be a limit.
Please tell me there is a limit.
There are so many obnoxious features of Trump’s offer to bribe voters that it’s impossible to count them all.
Something that jumps out at me is that I live among people whose integrity is for sale for $5000.
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