Swift Present Vitality’s 260 MW Tres Bahias Photo voltaic mission situated on Texas’ Gulf Coast is now powering Metropolis of Houston amenities by means of a PPA with an affiliate of NRG Vitality.
UnitedHealth Group and Morgan Stanley Renewables are offering the tax fairness for the mission. ING Capital beforehand offered building financing, with Siemens Monetary Companies and Related Financial institution as extra lenders within the building financing.
“We’re excited that Tres Bahias is now contributing pollution-free vitality to the Metropolis of Houston’s amenities,” says Eric Lammers, CEO and co-founder of Swift Present Vitality.
“Swift Present continues to develop our working portfolio, and we’re happy to have the ability to provide energy to the Metropolis of Chicago by means of our Double Black Diamond mission and now to the Metropolis of Houston by means of Tres Bahias. We’re grateful for the dedication of Morgan Stanley Renewables, UnitedHealth Group, NRG Vitality and the Metropolis of Houston on this mission.”
First Photo voltaic equipped the modules for the mission, with Array Applied sciences offering the trackers. IEA Constructors managed mission building.
Vinson & Elkins and Husch Blackwell represented Swift Present within the transaction. Willkie Farr & Gallagher and Jackson Walker represented Morgan Stanley Renewables. Sidley Austin represented NRG Vitality.
