Cubico invests in 270 MW of US solar projects
Cubico Sustainable Investments (Cubico) has completed the acquisition of Delta’s Edge and Crossett, two solar PV projects totaling 270 MW from Renewable Energy Systems (RES).
Both projects have long-term busbar power purchase offtake agreements with regional cooperative utilities which are responsible for the electricity needs of more than a million homes and businesses. Delta’s Edge and Crossett will both be constructed by RES.
The projects are expected to reach financial close in the first quarter of 2021, with commercial operations starting in 2022.
Country updates
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December 03, 2020
Vineyard Wind selects preferred turbine supplier for 800 MW offshore wind farm in USA
Vineyard Wind, a joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners (CIP) has selected GE Renewable Energy as its preferred supplier of wind turbine generators for its 80...
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December 02, 2020
USTDA launches tender for Expand Africa Initiatives
The U.S. Trade and Development Agency issued a call for initial proposals to expand its grant-based support for feasibility studies, technical assistance, and pilot projects that advance the U.S....
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December 02, 2020
Cypress Creek closes financing for 1.6 GW solar portfolio in 13 US states
Cypress Creek Renewables has closed a seven-year, US$200 million debt financing for the holding company that owns Cypress Creek’s 1.6 gigawatt (GW) portfolio of operating solar energy projects....
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December 01, 2020
Apex Clean Energy secured development approval for the 75 MW Rocky Forge wind project in Virginia
Apex Clean Energy has secured the development approval from the Virginia Department of Environmental Quality for the development of the 75 MW wind project in Botetourt County. Virginia reg...
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December 01, 2020
US Solar Fund starts commissions the 128 MWdc Milford Solar Project in Utah
US Solar Fund Plc has finally commissioned the last project that is part of its solar portfolio, the 128 MWdc Milford solar photovoltaic facility located in Utah. USF records up to US$4 million...
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