Firm's Sonrisa Solar Park will supply local utility San Jose Clean Energy under 20-year PPA, bringing Portuguese giant closer to renewable roll-out targets.
The deal will allow Vivint to refinance an aggregation credit facility that was set to mature in 2020, while reducing the cost of debt by 87.5 basis points.
Ali Imran Naqvi, Vice President of India-based advisory and engineering firm, Gensol Group, takes 8minuteenergy's sub-2 cents solar PPA in the US through a whirlwind of cost and technology analysis.
Nautilus, which acquires, develops, finances, owns and manages solar assets across the US, has been purchased by Power Energy Corporation, a subsidiary of Power Corporation of Canada.
Bipartisan push throws legislative lifeline to solar as hundreds of mayors from all US states sign pledge to make PV a core part of cities’ energy future.