DESRI closes financing and starts construction on 250MWac Show Me State Solar Project with Ranger Power
Type: Financing · Technology: Solar · Country: United States · Capacity: 250 MW · Value: $500M · Announced: 2025-02-10
DESRI, in partnership with Ranger Power, closed financing provided by a consortium of banks and commenced construction of the 250 MWac Show Me State Solar Project in Callaway County, Missouri, which has a PPA with an affiliate of Meta and is expected to enter commercial operation in 2026.
Counterparties
- Canadian Imperial Bank of Commerce (Lender)
- Meta Platforms, Inc. (affiliate) (Offtaker)
- Bank of America (Lender)
- NORD/LB (Lender)
- DESRI (Developer)
- Royal Bank of Canada (Lender)
- Ranger Power (Partner)
📈 The Sherpa Signal — one notable infrastructure deal a day.
📘 Sherpa Guides — practitioner guides to developing, financing and acquiring infrastructure.