Advantage Capital has committed to provide a $185 million investment to Sabanci Renewables for financing of its Cutlass Solar II project.
Located approximately 40 miles southwest of Houston, Cutlass II is a 272 MW utility-scale project under construction in ERCOT. It is expected to commence operations in April and includes over 500,000 solar panels situated on over 1,000 acres of land, says Advantage.
Advantage Capital’s tax equity investment, which leverages federal investment tax credits, will provide the external capital necessary for Sabanci to complete project construction.
“This investment with Sabanci Renewables perfectly aligns with Advantage Capital’s commitment to funding clean energy projects nationwide and will especially have a positive impact on the community in greater Fort Bend County, Texas,” says Tom Bitting, Advantage Capital principal. “We are thrilled to be working with Sabanci, a trusted name in the global energy industry, in bringing this project online for the benefit of its stakeholders.”
Allen & Overy and Husch Blackwell served as counsel for Advantage Capital on the transaction. Troutman Pepper and Duggins Wren Mann & Romero served as counsel for Sabanci Renewables. Carbon Reduction Capital also served as Sabanci’s financial advisor.
The post Sabanci Renewables Closes Financing with Advantage Capital for Cutlass Solar II Project appeared first on Solar Industry.
Sabanci Renewables Closes Financing with Advantage Capital for Cutlass Solar II Project
Renewable Energy
Trump the Savior
What Noam Chomsky says here is spot on, especially with respect to Trump.
What makes Trump so good at this is his facility to invent a new boogieman every couple of days. Communism, Dr. Fauci, Venezuela’s drug boats, Iran, birthright citizenship, democrats, the damage done by previous presidents, the climate hoax, the Kennedy Center, the arch, the vandals at the Reflecting Pool, Black Lives Matter, Antifa, liberals in education, the Hollywood elite, unsafe vaccinations, trans people, a nuclearized Iran, massive voter fraud, Haitians eating our pets, Harvard, the ex-Fed Chairman, NATO, wind turbines, the far-left radicals, the election control people, the list goes on.
Then there are the near-daily outrages:
Turning Gaza into a luxury resort, annexing Greenland, curtailing environmental emission standards, usurping the Panama Canal, refusing to pay E. Jean Carroll, pardoning hundreds of violent convicted felons, accepting bribes for pardoning white collar fraudsters, insider trading, orchestrating deals that benefit his children, targeting Jack Smith, protecting ICE agents who commit murder/manslaughter, and leasing federal wilderness land for oil exploration
The more indefensible the better.
Renewable Energy
Women’s Rights
Is her point that there are countries that are even more repressive to women’s rights?
Does anyone disagree with that?
Renewable Energy
Trump’s Blaming Others Is a Big Part of His Charm
The words at left may seem obvious to you and me but realize that we live among tens of millions of people who are completely desperate to cling onto their beliefs that Trump is an honest and effective servant of the American people, however contrary to the evidence this may be.
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