Construction completed for 200 MW Solar Project in USA
Leeward Renewable Energy (LRE) announced that it has completed construction and commenced operation of its 200 MW Horizon Solar Project near Pearsall in Frio County, Texas, USA. The project will provide renewable energy to Verizon Communications Inc. (Verizon) under a previously announced Renewable Energy Purchase Agreement (REPA).
In March 2023, LRE had closed approximately US$75 million in construction-to-term financing and an approximately US$105 million tax equity commitment from MUFG Bank and Wells Fargo respectively for the solar project.
Throughout the operational lifespan of Horizon Solar, greenhouse gas emissions avoided are estimated to be equivalent to powering 1.2 million Texan households. The project will provide numerous benefits to the local community, including approximately US$30 million in tax payments that will directly support the local County and schools. During construction, the project created approximately 400 jobs.
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March 18, 2024
Final Investment Decision announced for 320 MW Onshore Wind farm in USA
Sempra Infrastructure, a subsidiary of Sempra announced that it reached a positive final investment decision for the development, construction and operation of the Cimarron wind project located in the city of Santa Clara, California, USA.
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March 12, 2024
US$588 million Project Financing and PPA secured for 408 MW Solar and Energy storage project in USA
Primergy Secures US$588M in Project Financing and Power Purchase Agreement (PPA) with Microsoft for 408 MW Ash Creek is a solar energy project in Hill county, Texas, USA.
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PPA signed for 300 MWac Solar and Storage project in USA
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February 26, 2024
Stonepeak to acquire 50% interest in 2.6 GW Offshore wind farm in USA
Stonepeak announced that it has reached an agreement with Dominion Energy to acquire a 50% interest in its Coastal Virginia Offshore Wind project (CVOW) located off the coast of Virginia in the USA.
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