Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home Renewable Solar

Longroad Energy closes financing for Serrano project

editor by editor
March 15, 2024
in Solar
Reading Time: 1 min read
0
Longroad Energy
Share on FacebookShare on TwitterShare on Linkedin

Longroad Energy has successfully closed the financial deal for its Serrano project, a solar and storage project comprising 220 MWdc solar and 214 MWac / 855 MWh in Pinal and Pima Counties, Arizona. Construction has already started, with commercial operations set to begin by mid-2025. The project will use domestically produced Series 7 panels from First Solar.

Arizona Public Service has committed to a long-term Power Purchase Agreement to procure the power generated, which is expected to power around 61,000 homes in the area and bolster grid reliability, especially during Arizona’s scorching summer season. McCarthy Building Companies (McCarthy) has been selected as the engineering, procurement, and construction (EPC) contractor. Moreover, the project is anticipated to employ over 300 people during construction.

RELATED POSTS

Vikram Solar Bags 336 MW Module Supply Order from L&T for Khavda Project

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

Furthermore, debt financing was done by CIBC and Societe Generale, with ANZ, PNC, Commerzbank AG, and U.S. Bancorp Impact Finance also participating. CIBC took on several roles, including Coordinating Lead Arranger, Administrative Agent, Collateral Agent, and Green Loan Coordinator, while Societe Generale acted as Coordinating Lead Arranger, and U.S. Bancorp Impact Finance was Joint Lead Arranger and Depositary Bank. Athene Annuity and Life Insurance Company, affiliated with Apollo Global Management, has invested in tax equity for the project, with guidance from Apterra Infrastructure Capital.

Tags: green loanLICLongroad EnergyMcCarthyPower Purchase AgreementSerranosolar
ShareTweetShare
editor

editor

Related Posts

Vikram Solar

Vikram Solar Bags 336 MW Module Supply Order from L&T for Khavda Project

by Palak
September 8, 2025
0

Kolkata – Vikram Solar has announced a major order win of 336 MW high-efficiency solar modules from L&T Construction. These...

Shweta Solar

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

by Palak
September 5, 2025
0

New Delhi : Shweta Solar Pvt. Ltd. (Shweta Solar) is all set to launch a new 1.2 GW solar module manufacturing...

IGL and RVUNL

IGL and RVUNL Forge Joint Venture for Rajasthan Solar Farms

by Palak
September 3, 2025
0

Indraprastha Gas Limited (IGL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) have inked a joint venture (JV) agreement to...

Premier Energies

Premier Energies Bags ₹27.03 Billion Orders for Solar Modules and Cells

by Palak
September 2, 2025
0

Premier Energies Limited has secured orders worth Rs 27.03 billion for the supply of solar photovoltaic modules and cells with...

GH2 Solar

GH2 Solar, AHES to Establish Electrolyser Manufacturing Facility in Madhya Pradesh

by Palak
September 2, 2025
0

GH2 Solar Limited, in a joint venture with Advanced Hydrogen Energy Solutions (AHES) Limited, will set up an electrolyser manufacturing...

Next Post
SGEL gets LoI

SGEL gets LoI from GUVNL for 500 MW solar project

Water Repellent

New 100% Silane Penetrating Water Repellent for Concrete Surfaces

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Mr. Raman Bhatia with Jerry Nie Sino Zhuhai Piwin New Energy Co., Ltd

Servotech Renewable Power Partners with Zhuhai Piwin New Energy in Exclusive Deal

September 8, 2025
Vikram Solar

Vikram Solar Bags 336 MW Module Supply Order from L&T for Khavda Project

September 8, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Servotech Renewable Power Partners with Zhuhai Piwin New Energy in Exclusive Deal

Vikram Solar Bags 336 MW Module Supply Order from L&T for Khavda Project

What Are the Latest Technological Innovations in Fuel Cell Vehicles?

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

Transmission Lines: Myths, Facts, and Why They Matter for Powering India’s Future

UAE Energy Undersecretary Visits Tellus Power Globe Holding’s Hong Kong Office

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved