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businesswire | June 28, 2023
Leeward Renewable Energy (LRE), a leading renewable energy company, and Southern California Edison (SCE), one of the nation’s largest electric utilities, announced today that they have entered into a 15-year Power Purchase Agreement (PPA) for LRE’s 126-megawatt Antelope Valley BESS facility in Kern County, California. Once complete, the facility will be LRE’s first standalone battery energy storage system (BESS) and will expand its growing renewable energy portfolio to in...
Energy
Leeward Renewable Energy | November 25, 2021
Leeward Renewable Energy, LLC (Leeward) announced that it has closed construction financing and secured tax equity commitments for its Panorama Wind Farm located in Weld County, Colorado. MUFG Bank, Ltd. served as coordinating lead arranger, bookrunner and administrative agent for the approximately $190 million financing. The financing is comprised of a construction loan, tax equity bridge loan and back leverage term loan commitment. National Australia Bank, Silicon Valley Bank and Helaba Group ...
Google | February 17, 2020
Google spinout Dandelion Energy wants to push home geothermal heating to new heights in 2020. The company, which emerged from the X "Moonshot Factory" in 2017, has grown to around 100 employees and installed hundreds of sites in New York state. It continues to refine its drilling technology to make residential drilling and heat pump installation easier and more competitive with incumbent fossil fuels. Last month, it pulled in another $12 million, bringing total investment to $35 million, and hir...
Energy, Industry Updates
NuScale Power | September 08, 2022
NuScale Power Corporation (NuScale) and Habboush Group (HG) have entered into an agreement forming a strategic alliance that establishes a “one-stop-shop” for the financing, investment, development, execution, and management of NuScale-powered projects and opportunities. This new globally-oriented, strategic alliance between NuScale and HG – along with energy transition platform ENTRA1 – aims to provide integrated capabilities for financing, investment, dev...
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