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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

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I Know a Threat When I See One

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ICE agents have every reason to fear for their lives when protesters present this sort of nasty demeanor.

I Know a Threat When I See One

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The East Wing

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Here’s a beautiful piece of writing political commentator Rick Wilson the demolition of the East Wing of the White House.

Perhaps this is stupid question, but I need to ask it nonetheless: Does the president of the U.S. have the right to do something like this? I presume he doesn’t have a deed to the White House.  As such, can he sell it? Build a Pizza Hut on the property?

How is this situation different than my walking across the street to the park, where I commence cutting down trees because they block my view of the mountains in the distance?

I would expect to be in handcuffs within a few minutes.  Why?  It’s not me property.

The East Wing

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What the Destruction of the White House East Wing Means

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Here are a couple of remarks on Trump’s destroying the East Wing of the White House:

From Dan Rather

Witnessing any part of its demolition is a gut punch. Trump crossed an invisible line by destroying something that wasn’t his to destroy. You could say that about so much of what he has done, but the visual of seeing a bulldozer taking down part of this national treasure was a painful reminder of how he and his administration work every day at dismantling our democracy.

From the District of Columbia Preservation League

The demolition of the East Wing of the White House represents a collective loss—a serious affront to United States history and architectural heritage. While some may argue that modernization justifies this project, the country cannot overlook the profound cultural significance of the East Wing and its role within the White House complex. Its loss results in the irreplaceable erasure of a rich chapter in our national narrative.
Dating to the early 20th century, the East Wing has facilitated the initiatives of countless First Ladies, promoted public engagement, and welcomed millions of visitors, embodying the principle that government belongs to the people. Tearing down this vital space limits future opportunities for civic involvement and increases the risk of a lost connection between the presidency and the public.

What the Destruction of the White House East Wing Means

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