Longroad Energy said that it has achieved the financial close and has started construction of the 331MW Prospero 2 Solar Project in Andrews County, Texas. CIT Group’s power and energy business was the coordinating lead arranger on the $266 million financing for the solar power project. It led a consortium of six other bank lenders, […]
Danish energy company Ørsted has grown its solar footprint by acquiring the Muscle Shoals solar project, a 294MW under construction solar power plant in Colbert County, Alabama, from Longroad Energy at its financial closing. Financial terms of the deal were not revealed. Concurrent to the solar plant acquisition, Ørsted said that it has entered into […]
Solar acquisition news : US Solar Fund, a UK-based investment company, has signed an agreement to acquire the 128MW Milford Solar Project to be built in Utah from Longroad Energy Partners. The electricity generated from the Milford Solar Project, which is expected to be commissioned in the second half of 2020, will be sold completely […]
Solar industry news : Longroad Energy, a US renewable energy developer has sold the 250MW Phoebe Solar Project in Texas to Canadian renewable company Innergex Renewable Energy. Phoebe Solar Project Cost | Phoebe Solar Project Construction Details While the financial terms of the sale were undisclosed, the new Texas solar project is to be constructed with […]