Nestlé is the sole tax equity investor of the 326MW Stampede solar-plus-storage project and will also acquire the renewable energy attributes from the whole capacity of the solar PV plant.
US solar developer Primergy Solar has closed commitments for US$300 million in debt and text equity investments for a 100MW solar project in Arkansas, US.
Solar developer Heelstone Renewable Energy has closed a tax equity investment for four solar projects in Georgia, the US, with a cumulative capacity of 320MWdc.
Major US bank Wells Fargo has closed its maiden tax equity investment into a colocated solar-storage project currently under construction in New Mexico, US.
‘Solar Module Super League’ member First Solar has aimed to double down on manufacturing with the sale of its O&M division, having kickstarted discussions around the future of its EPC business.
US-based independent power producer (IPP) sPower has closed a US$350 million tax equity commitment from banking giant Wells Fargo to support its Spotsylvania Solar Energy Center project.