Southern Current completes sale of 61 MW solar portfolio to US Solar Fund
US Solar Fund Plc has completed the acquisition of the 61 MW solar photovoltaic portfolio in Oregon from US solar developer Southern Current LLC.
The Fund has secured the assets by acquiring the cash equity interest in the portfolio. It has also closed the tax equity financing with its long-term debt provider along with the binding of loan commitment.
The solar assets are set to be commissioned under long-term power purchase agreements (PPAs) with the Portland General Electric.
Country updates
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June 04, 2020
D. E. Shaw invests in 100 MW Hunter Solar project in Emery County
D. E. Shaw Renewable Investments (DESRI) has acquired the Hunter Solar project in Emery County, Utah from Community Energy. DESRI also closed on financing and a tax equity commitment for the project....
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June 04, 2020
Bright Canyon Energy to negotiate PPA for 42 MW Kupono solar project in Oahu
Bright Canyon Energy has announced it is in the final award group for Hawaiian Electric Company’s initiative to bring a cleaner energy supply to Hawaii. Bright Canyon Energy’s Kūpono Solar...
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June 04, 2020
Scout Clean Energy completes construction of 180 MW Heart of Texas Wind Farm (HTX) in McCulloch County
Scout Clean Energy has completed construction and successfully closed tax equity funding for the 180 MW Heart of Texas Wind Farm (HTX) located in McCulloch County, Texas. Scout is a portfolio company...
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June 03, 2020
DEPCOM launches construction of 113 MW Altavista Solar project in Campbell County
DEPCOM Power Inc., has begun construction on the Altavista Solar plant near Lynch Station, Virginia, USA. The 113 MWdc utility-scale solar plant will span across approximately 720 acres and is being...
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June 02, 2020
Duke Energy plans 3 new solar power plants in Florida
Duke Energy Florida (DEF) has filed the locations of its three newest solar power plants, which will provide cleaner, smarter energy solutions to benefit customers in Florida, USA. The Duette Solar P...
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