Intersect Power lands USD 2.6bn in solar project financing
25 November 2021
Clean energy firm Intersect Power LLC said on Thursday it has obtained USD 2.6 billion (EUR 2.3bn) in financing commitments to support the construction and operation of a six-project portfolio with 2.2 GW DC of late-stage solar and 1.4 GWh of storage capacity.
The financing comes from eight separate transactions, which should allow the company to execute the following projects: Athos III, Oberon I and II in California, as well as Radian, Lumina I and II in Texas. All six are expected to become operational by 2023.
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