Clearway Energy Group has achieved financial close for the debt financing of the 192 MW Rosamond Central solar photovoltaic project in Kern County, California, USA.
German bank Nord/LB Norddeutsche Landesbank acted as the coordinating lead arranger while CIT and Zions Bank acted as joint lead arrangers.
The project will be constructed by McCarthy Building Companies. Several state municipalities and community choice aggregators (CCA) have signed a power purchase deal including East Bay Community Energy and Clean Power Alliance.
The project is expected to be operational by the end of 2020.