Vesper Energy has announced the closing of financing for its 600 MW Hornet Solar project in Texas.
The company secured a $590 million debt financing package for the single-phase solar project, consisting of a construction-to-term loan and letter of credit facility. The bank group includes MUFG Bank, Nord/LB and Santander Corporate & Investment Banking as coordinating lead arrangers, BayernLB as joint lead arranger and Associated Bank as lender.
“Closing project financing and a long-term purchase agreement for the PTCs on a large project in west Texas is complex,” says Vesper Energy CFO, Robert Scheuermann. “We are proud to invest in Hornet Solar alongside top-tier lenders and investors. This closing is a testament to the value Vesper Energy generated in the asset.”
With a nameplate capacity of 600MW, the company says the project will utilize bifacial PV modules on a single axis tracking system as well as interconnect to Oncor Electric’s transmission system in ERCOT.
Blattner Energy is constructing the Hornet Solar project. The power generated by the project is contracted to four off-take partners through individual PPAs.
Vesper Energy was advised by CCA Capital on the sourcing and structuring of the PTC transfer commitment.
The post Vesper Energy Closes $590M in Financing for Hornet Solar appeared first on Solar Industry.
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?
-
Climate Change11 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases11 months 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”
-
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”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Renewable Energy9 months agoSending Progressive Philanthropist George Soros to Prison?
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
-
Greenhouse Gases12 months ago
嘉宾来稿：探究火山喷发如何影响气候预测