cordelio power

US IPP BrightNight and Canadian asset manager Cordelio Power have reached commercial operations at a 300MW solar PV plant in Arizona, US.

The contracts are spread across 23 large-scale renewables projects, 19 of which are solar PV projects with a combined 1.5GW capacity.

US independent power producer (IPP) BrightNight has secured US$260 million in tax-equity finance from investment banks JP Morgan and Capital One, to aid in the development of a 300MW solar PV power plant in Pinal County, Arizona.

BrightNight and Cordelio Power have secured a US$414 million construction credit facility for their 300MW Box Canyon solar project.

Independent power producer (IPP) Cordelio Power has secured a 900MWac pipeline of solar projects in New York and Pennsylvania from project developer SunEast Renewables.