Swift Current Energy signs power purchase agreement and secures tax equity financing for 260 MW Tres Bahias Solar project in Texas
Type: Ppa · Technology: Solar · Country: United States · Capacity: 260 MW · Announced: 2024-03-26
Swift Current Energy announced a PPA with an affiliate of NRG Energy and tax equity financing provided by UnitedHealth Group and Morgan Stanley Renewables Inc. for its 260 MWdc Tres Bahias Solar project in Calhoun County, Texas, which will supply power to City of Houston facilities.
Counterparties
- Morgan Stanley Renewables Inc (Investor)
- Associated Bank (Lender)
- UnitedHealth Group (Investor)
- Swift Current Energy (Developer)
- NRG Energy, Inc. (affiliate) (Offtaker)
- ING Capital, LLC (Lender)
- Siemens Financial Services (Lender)
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