Green & Clean Power LLC secures financing to build and operate a solar and battery storage facility in Osceola, Arkansas
Type: Financing · Technology: Solar, Storage, Industrial · Country: United States · Capacity: 105 MW · Value: $300M · Announced: 2024-12-03
Green & Clean Power LLC raised approximately $300 million of debt and equity financing, including $165 million construction debt from KfW IPEX-Bank and a $100 million takeout commitment from the Arkansas Teacher Retirement System, to build a behind-the-meter 105 MW solar plant and 160 MWh battery energy storage system in Osceola, Arkansas to initially power adjacent Hybar LLC.
Counterparties
- Hybar LLC (Offtaker)
- Global Principal Partners (Investor)
- Quanta Services, Inc (Investor)
- KfW IPEX-Bank (Lender)
- Green & Clean Power LLC (Developer)
- DEPCOM Power, Inc (Epc)
- Arkansas Teacher Retirement System (Investor)
- Aurora Energy Research (Partner)
- TPG (TPG Rise Climate) (Investor)
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