Longbow Solar

113MW Longbow Solar Project - Financing

Borrower (s)
Longbow Solar
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
North America
Countries
United States

Deal Overview

Clean Capital Partners and Aspen Creek have closed on a $42 million loan financing commitment from Twain Financial Partners to complement funding for their co-development of the $145 million 113MW Longbow Solar project in Brazoria County, Texas. The project is on schedule to be placed into service...

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Clean Capital Partners and Aspen Creek have closed on a $42 million loan financing commitment from Twain Financial Partners to complement funding for their co-development of the $145 million 113MW Longbow Solar project in Brazoria County, Texas. The project is on schedule to be placed into service by August 2022 and will be underpinned by a power purchase agreement that will allow for the sale of most of the generated power to a distributing company at a price that is less than one-third of the current market rate for Texas residential electricity customers.

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Deal Volume
$94m
Financial Close
19 April 2022

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Projects

113MW Longbow Solar Project

Greenfield
PV solar
North America
United States
$145m