https://www.afinalwarning.com/510015.html (Natural News) Two months ago, millions of Texans shivered under blankets as a historic winter storm drove the state’s power grid to the brink of collapse. Now, Caprock Renewables, a utility-scale developer based in Austin, Texas, is planning to raise equity for a big $500-million portfolio of solar projects in Texas, according to a recent report from
Bloomberg.
Thanasis Iatrou, the company’s chief executive officer (CEO), said their portfolio consists of three, build-ready projects in southern Texas. Iatrou also said they have contracted 520 megawatts of capacity to a financial corporation with a tax equity investment accounting for 35 percent of the portfolio’s estimated cost.