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9H Research Foundation Partners with UW on New Solar Energy Research Facility | News


March 5, 2021
This is a rendering of the 9H Research Foundation’s planned solar research center in Albany County, part of the foundation’s partnership with UW’s College of Engineering and Applied Science. (9H Research Foundation Image)
A University of Wyoming College of Engineering and Applied Science alumnus is using his Laramie ranch to create a solar energy research facility that will donate its energy proceeds to the university while also creating research and curriculum opportunities for students and faculty members.
Gene Humphrey, co-founder of 9H Research Foundation, studied mechanical engineering at UW and went on to run the highly successful technology company International Test Solutions. A Wyoming native who grew up in Burns, he owns 9H Ranch in Albany County, just north of Laramie, and was looking for a way to give back to his alma mater. ....

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Investegate |US Solar Fund PLC Announcements | US Solar Fund PLC: SIXTH BINDING ACQUISITION AGREEMENT


SIXTH BINDING ACQUISITION AGREEMENT
DC Mount Signal 2
US Solar Fund Plc (
LON:USF (USD) / USFP (GBP)
) is pleased to announce it has executed binding agreements to acquire up to a 50% interest in a 200MW
DC operating solar plant located in the Imperial Valley of Southern California, Mount Signal 2 (MS2, the Project), for a total price of between $44 million and $46 million (the Transaction).
The Transaction is structured in two tranches. Tranche One comprises an immediate acquisition of an initial 25% interest for a fixed price of $23m and is expected to be completed during the first quarter of 2021, subject to customary third-party consents. Tranche Two consists of an option for USF to acquire a further 25% interest for $22m subject to a performance-based adjustment mechanism which can adjust the price upwards or downwards by up to $1m. USF may exercise the Tranche Two option for up to 12 months from Tranche One completion, ....

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