Spearmint Energy has closed a $47.5 million project finance term loan from Manulife to support the commercial operation of Revolution, Spearmint’s 150 MW, 300 MWh BESS project in West Texas’ ERCOT market.
“We are proud to partner with Manulife, globally recognized for its strong track record of identifying key market leaders and providing capital with meaningful outcomes, for one of its first ever investments in standalone battery storage,” says Spearmint CFO Cory Magnuson. “Our successful closing of this loan amidst a highly competitive bidding process reflects Spearmint’s leading position within Texas’ fast-growing energy storage market as well as Revolution’s success to date in supporting grid stability throughout ERCOT.”
The close of the project finance term loan follows Revolution’s commercial operations launch earlier this year, as well as Spearmint’s prior securing of $92 million in tax equity financing from Greenprint Capital Management and $200 million in term loan financing from Aiga Capital Partners and Nuveen.
Javelin Capital supported Spearmint as financial advisor on the transaction and Paul Hastings LLP served as Spearmint’s legal counsel. Day Pitney served as legal counsel for Manulife.
The post Spearmint Energy Secures Loan from Manulife for ERCOT BESS Project appeared first on Solar Industry.
Spearmint Energy Secures Loan from Manulife for ERCOT BESS Project
No one with any sense truly doubts the words at left. Caring only about wealthy white men is the GOP brand, like the Nike “swoosh.”
Not only does the Republican party appeal to the uber-rich, but also to wide variety of racists, and people stupid enough to believe that Trump is bringing manufacturing back to the U.S. and that the billionaires are job creators.
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.
Is her point that there are countries that are even more repressive to women’s rights?
Does anyone disagree with that?
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