Longroad Energy completes financing for 215 MWdc Little Bear Solar projects, sells 50% share in 594 MWdc solar to Danish pension funds
Longroad Energy has finalized the financing and started the construction of Little Bear Solar, comprising four separate projects totaling 215 MWdc in Fresno County, California. Additionally, two Danish pension funds, PKA and PenSam, represented by their investment manager AIP, are investing in 50 percent of the equity interests of both Little Bear Solar and Prospero I Solar, the 379 MWdc project in Andrews County, Texas.
Little Bear consists of four separate projects selling energy to Marin Clean Energy (MCE) under 20-year busbar PPAs. The projects are expected to be completed by the end of the fourth quarter of 2020.
Prospero I solar project is one of the largest solar farms in the U.S. The project has been under construction since then and is projected to be operational in the second quarter of 2020.
Country updates
-
-
April 15, 2020
Wood Group secures EPC contract from AEP and Black Hills Energy
Wood Group, the global engineering and consulting company, has secured a number of engineering, procurement, and construction (EPC) onshore wind contracts in the United States worth a combined US$100...
Read more -
April 15, 2020
CPA to procure power in sPower's 100-MW/400-MWh battery storage facility in California
Clean Power Alliance (CPA), an electricity provider in Southern California, has signed a 15-year Energy Storage Agreement (ESA) with the 100 MW Luna Storage standalone battery storage project in...
Read more -
April 14, 2020
338 MW wind farm reaches commercial operation in Texas
Ørsted has completed its Sage Draw Wind project, a 338MW wind farm that straddles Garza and Lynn Counties in Texas. The 120-wind turbine project will have the capacity to meet the annual electr...
Read more -
April 14, 2020
ENGIE North America signs Tax Equity financing for its 2 GW US Renewables Portfolio
ENGIE North America has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2.0 GW of renewable assets, comprised of 1.5 GW of onshore wind and 0.5 GW of u...
Read more -
April 14, 2020
CalChoice awards 15 MW energy storage project to esVolta
The California Choice Energy Authority (CalChoice), a hybrid joint powers authority made up of five operational community choice aggregations (CCAs) in the cities of Lancaster, Pico Rivera, Rancho Mir...
Read more
