Connect with us

Published

on

Vesper Energy has finalized construction and term loan syndication, representing $592 million in investments, for its 600 MW Hornet Solar project located in Swisher County, Texas. 

The project utilizes bifacial PV modules on a single-axis tracking system. Power generated by the project is contracted to four off-take partners through individual PPAs.

“This closing is a testament to the value of our Hornet Solar project and showcases our ability to leverage innovative financial structures to provide the greatest, mutually beneficial value for our partners,” says Robert Scheuermann, Vesper Energy’s CFO.

“We look forward to working with leading investors and lenders as we develop, construct and operate clean energy projects across the United States.”

The project has secured commitments from a group of banking and lending partners, including MUFG Bank, Nord/LB and Santander as coordinating lead arrangers. Societe Generale, BayernLB and KB Kookmin Bank acted as joint lead arrangers. Allied Irish Bank, Associated, Radiance Structured Finance and DZ Bank acted as lenders.

Blattner Energy is constructing the project.

The post Vesper Energy Finalizes $592M Hornet Solar Debt Syndication appeared first on Solar Industry.

Vesper Energy Finalizes $592M Hornet Solar Debt Syndication

Continue Reading

Renewable Energy

Is the World Laughing at America?

Published

on

Some people may be, but, to a person, the foreigners I’ve met are deeply saddened, and terrified of the consequences of the Trump regime.

Their feeling is simply that America re-elected a convicted felon, rapist, and traitor who attempted to overthrow the U.S. federal government.  If we’re willing to do that, we’re capable of anything, regardless of how depraved.

Is the World Laughing at America?

Continue Reading

Renewable Energy

Trump’s Supporters Eat Up His Lies

Published

on

I’ve never understood why those who compose total bullshit like this don’t go for the gusto.  Why 95% and not 99% or 100%?

Trump’s actual approval rating among Republicans is somewhere between 75% and 80%, as can be easily verified by anyone on Earth with a cell phone or computer. That number continues to dwindle, as he faces more pressure regarding the war, gas prices, child rape, etc.

Obviously, the president’s supporters are suckers for his lies, but isn’t this a bit over the top?

Trump’s Supporters Eat Up His Lies

Continue Reading

Renewable Energy

The Future of Energy

Published

on

I get a call every week or so from someone working for a start-up in oil exploration, hoping that I’ll invest.  I guess my name and cell number got collected somehow from various online searches I’ve made.

I’m always quick to explain, “Oh, sorry, I don’t support wrecking the planet, even if I can profit from it.  Neither should you. Bye now.”

The Future of Energy

Continue Reading

Trending

Copyright © 2022 BreakingClimateChange.com