Primergy Photo voltaic, a developer, proprietor, and operator of utility-scale photo voltaic and power storage tasks, on Dec. 18 stated the corporate’s 100-MWac photo voltaic mission in Ashley County, Arkansas is totally operational.
The Amazon Photo voltaic Farm Arkansas—Prairie Mist has begun sending energy to the grid. It’s the second Primergy mission to enter industrial operation this 12 months.
“Prairie Mist represents a step ahead in our mission to develop impactful tasks that profit native communities and meet the varied wants of our prospects,” stated Primergy CEO Ty Daul. “Reaching industrial operation is a monumental milestone for our workforce, and we’re grateful to our companions for his or her help and dedication to bringing clear power to the Arkansas area.”
Prairie Mist connects to Entergy’s transmission system within the Midcontinent Impartial System Operator’s (MISO) working territory. It should ship photo voltaic power beneath an influence buy settlement with Amazon, and capability attributes can be bought beneath a 20-year contract to the town of North Little Rock.
Primergy employed Primoris Renewable Power, a premier utility-scale photo voltaic contractor, because the engineering, procurement, and development companion for the mission. Prairie Mist created roughly 200 development jobs and is anticipated to contribute about $10 million in tax advantages for Ashley County over its working life.
Past the development and tax advantages, Primergy is supporting the group by constructing an ADA (Individuals with Disabilities Act) accessible playground and a shade construction at Hamburg Excessive College.
Primergy closed on $300 million in debt and tax fairness financing in 2023 for development and growth of the mission, with debt services led by SMBC because the transaction agent, Norddeutsche Landesbank Girozentrale, Societe Generale, and Crédit Agricole Company and Funding Financial institution. The tax fairness funding was led by PNC Financial institution.
—POWER edited this content material, which was contributed by Primergy Photo voltaic’s communications workforce.
