Invenergy and Monarch Non-public Capital have closed on $170 million in tax fairness financing for the 200 MW Samson Photo voltaic Vitality Heart II undertaking, positioned in Lamar County, Texas.
Slated to start industrial operations later this 12 months, the undertaking is a part of Invenergy’s Samson Photo voltaic Vitality Heart, a five-phase, 1,310-MW improvement.
“The tax fairness financing of Samson II marks one other vital milestone for our flagship undertaking,” says Brian Bortman, senior vice chairman of Finance & Capital Markets at Invenergy.
“This progressive transaction is a testomony to Invenergy’s robust monetary partnerships and our unmatched capabilities to speed up clear, dependable power at scale.”
Marathon Capital acted because the unique monetary advisor to Invenergy on the transaction.
