Longroad Energy commissions and closes financing for 200 MW Sun Streams 2 solar PV project
US-based Longroad Energy Holdings LLC has started the commercial operation and secures financial close for its 200 MWdc Sun Streams 2 solar photovoltaic project in Arizona, USA.
The project consists of First Solar’s Series 6 modules and inverters by Nextracker and SMA. Microsoft has signed a 20-year power purchase agreement for the energy produced from the solar plant.
Longroad has closed the financing for the project with CIBC as the coordinating lead arranger, collateral agent, and issuing bank. Silicon Valley Bank served as coordinating lead arranger and administrative agent, and PNC Bank was the sole tax equity investor.
Country updates
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July 22, 2021
EDPR starts operation of its onshore wind farm in USA
EDPR Renewables has announced that its onshore wind farm, 198MW Headwaters II, starts commercial operations in Indiana, the USA.
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July 22, 2021
174 Power Global secures approval for 100 MW East River Energy Storage project
174 Power Global Corp, an affiliate of South Korea's Hanwha Group, has secured development approval for the planned 100 MW battery energy storage project in Astoria, Queens County in New York. ...
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July 21, 2021
Federal review process starts for 2,640 MW Coastal Virginia Offshore Wind (CVOW) project
The US Bureau of Ocean Energy Management (BOEM) has begun a federal review process for an offshore wind project that would install 200 wind turbines off Virginia’s coast. The project is owned b...
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July 21, 2021
Fulcrum BioEnergy completes construction of Sierra BioFuels plant in Reno
Fulcrum BioEnergy, Inc., a pioneer in the production of low-carbon fuels, has completed construction on the world’s first commercial-scale plant converting household garbage into low-cost, zero-...
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July 20, 2021
Daybreak Power receives permit for its pumped storage hydro project in USA
Daybreak Power, a developer of gigawatt-scale energy storage projects, has announced that the Federal Energy Regulatory Commission (FERC) has issued a preliminary permit for its 2,650 MW Halverson Can...
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