Cypress Creek Renewables commissioned 162 MW Wagyu solar project in Texas
Cypress Creek Renewables and Cubico Sustainable Investments have started the commercial operation of its 162 MW Wagyu solar photovoltaic project in Texas, USA. Cubico is backed by Ontario Teachers’ Pension Plan and PSP Investments in developing the project.
The solar farm is built in Brazoria County near Houston by UK-based Renewable Energy Systems (RES). The project has secured a 15-year power purchase energy deal with the coffee chain Starbucks and a 12-year energy deal with BP Plc.
The financial close was achieved with the debt financing secured from HSBC, Nord/LB, and Rabobank, with US Bank providing tax equity.
Country updates
-
-
November 23, 2020
FirstLight Power signs PPA for two hydro plants in Montague
Rhode Island, Vermont, and 21 public power entities from Massachusetts have agreed to purchase 200 million kilowatt-hours per year of hydroelectric power produced by FirstLight Power in Western M...
Read more -
November 20, 2020
Nucor to buy power from 250 MW solar project in Texas
Nucor Corporation has signed a 15-year Virtual Power Purchase Agreement (VPPA) with EDF Renewables North America (EDFR) for 250 megawatts (MWac) of new solar energy in Texas. The agreement, which will...
Read more -
November 20, 2020
Magnetar Capital buys Lendlease's renewables unit Vesper Energy
Magnetar Capital has announced its acquisition of Lendlease’s renewable energy business unit. The acquisition was completed in partnership with Lendlease’s Dallas-based leadership team. Th...
Read more -
November 20, 2020
Invenergy develops 1,310 MW Samson Solar Energy Center in Texas
Invenergy is developing a 1,310-megawatt solar energy generation facility that will be the largest in the United States upon completion. Currently under construction in northeast Texas, the Samson Sol...
Read more -
November 19, 2020
BayWa completes 133.6 MW Fern Solar project in Edgecombe County
BayWa r.e. Solar Projects LLC has completed the 133.6 megawatt (MW-DC) Fern Solar project in Edgecombe County, North Carolina, USA. Featuring more than 353,000 high-performance photovoltaic panels, t...
Read more
