Primergy Solar has closed on $225 million in project financing for its Valley of Fire (VoF) portfolio.
The financing includes a $125 million tax credit sale for the Gemini Solar + Storage project and a $100 million revolving credit facility from Rabobank for the continued development of the other VoF projects.
The VoF portfolio includes the Gemini Solar + Storage project, commissioned earlier this year, and five additional projects in Nevada, Colorado and Arizona totaling 2.65 GW of solar and 1.5 GW of battery storage capacity. The projects range from early-to-late-stage development targeting operational dates through 2030, including the contracted Purple Sage Energy Center, a 400 MW solar and 1.6 GWh battery storage project in Nevada.
“Valley of Fire is a critical component of our growing portfolio of operational and development-stage projects across the country,” says Tim Larrison, CFO of Primergy.
“Adding tax credit sales to our financing toolbox along with increasing our access to additional credit capacity from leading financial institutions, like Rabobank, will help us to continue delivering clean energy at scale, and in the proven Primergy way of responsible, stakeholder-oriented development.”
Primergy was advised by Orrick and Paragon Energy Capital for the Gemini tax credit transfer sale. For the VoF credit facility, Primergy was advised by Stoel Rives.
The post Primergy Nabs $225M in Financing for its VoF Portfolio appeared first on Solar Industry.
Apparently, this guy believes that the majority of Americans think poorly of Trump supporters, and wonders if this the message we want to send.
News flash: This is precisely the message we want to send.
I wonder what his doctorate is in. Filth? Debauchery? White collar felonies? War crimes?
The idiot’s t-shirt shown here raises the question: How do you define the word “support?”
In a certain sense, I support all countries, insofar as the people living in each deserve to live freely.
As an American, I support the United States. I revere it for its strengths, while I advocate for remedying its considerable set of weaknesses: corruption, injustice, racism, indifference to human suffering, militarism, and greed.
BREAKING: Texas Republicans are flailing after a party nominee posted vile racist commentary and refused to take it back.
-
Climate Change1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Greenhouse Gases1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Climate Change2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Renewable Energy11 months agoSending Progressive Philanthropist George Soros to Prison?
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Greenhouse Gases1 year ago
嘉宾来稿：探究火山喷发如何影响气候预测
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits