Swift Current Energy’s 260 MW Tres Bahias Solar project located on Texas’ Gulf Coast is now powering City of Houston facilities through a PPA with an affiliate of NRG Energy.
UnitedHealth Group and Morgan Stanley Renewables are providing the tax equity for the project. ING Capital previously provided construction financing, with Siemens Financial Services and Associated Bank as additional lenders in the construction financing.
“We are excited that Tres Bahias is now contributing pollution-free energy to the City of Houston’s facilities,” says Eric Lammers, CEO and co-founder of Swift Current Energy.
“Swift Current continues to grow our operating portfolio, and we’re pleased to be able to supply power to the City of Chicago through our Double Black Diamond project and now to the City of Houston through Tres Bahias. We are grateful for the commitment of Morgan Stanley Renewables, UnitedHealth Group, NRG Energy and the City of Houston on this project.”
First Solar supplied the modules for the project, with Array Technologies providing the trackers. IEA Constructors managed project construction.
Vinson & Elkins and Husch Blackwell represented Swift Current in the transaction. Willkie Farr & Gallagher and Jackson Walker represented Morgan Stanley Renewables. Sidley Austin represented NRG Energy.
The post Swift Current, NRG Sign PPA for Texas Tres Bahias Solar Project appeared first on Solar Industry.
Swift Current, NRG Sign PPA for Texas Tres Bahias Solar Project
A couple of months ago, I happened to ask a friend who had emigrated from Sweden if she was religious. “No!” she exclaimed. “Almost no one in Sweden is religious.”
As we see at left, there seems to be a huge correlation between atheism and the national level of happiness. But what causes that?
Are believers unhappy people for some reason? That doesn’t make sense.
Here’s my two-fold theory. Atheists believe:
a) That we only live once, so we try to enjoy it while we can.
And, more importantly,
b) That we need to take care of one another (since there is no God). We’re willing to make sacrifices if that means things like great education, universal healthcare, environmental responsibility, tolerable working conditions, and near-zero poverty.
Renewable Energy
From the Independent: “Trump Administration to Pay Two More Companies to Walk Away from U.S. Offshore Wind Leases”
From this article in The Independent:
The Trump administration announced two more payouts Monday for energy companies to walk away from U.S. offshore wind projects under development.
Bluepoint Wind and Golden State Wind have agreed to end their offshore wind leases in exchange for reimbursements totaling nearly $900 million. Both companies have decided not to pursue any new offshore wind projects in the United States, the Interior Department announced Monday.
Bluepoint Wind is an offshore wind project in the early stages of development off the coasts of New Jersey and New York, while Golden State Wind is a floating offshore wind project proposed off California’s central coast.
Trump is hellbent on destroying the renewable energy industry so as to benefit his billionaire friends in fossil fuels.
He’s on course to be remembered as the most destructive person in world history, with the possible exception of Adolph Hitler.
What is said here about Pete Hegseth is clearly true.
But keep in mind that he’s fiercely loyal to Donald Trump, and Trump couldn’t possibly care what happens to the United States, as long as he can stay out of prison and enrich himself and his family.
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