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Company Secures Financing for Largest U.S. Solar Project : CEG

Mon January 25, 2021 - West Edition #3
PR Newswire
Over the lifetime of the project, Samson Solar will directly invest $450 million in the local economy through new tax revenues and lease payments to participating landowners.
Invenergy, a Chicago-based company, has secured financing for the first phase of construction of the
Samson Solar Energy Center in Texas. This first phase includes the construction of 250 MW out of the total 1.31 GW project that is set to be one of the largest solar energy facilities in the United States upon completion. Although financing details were not disclosed, the $1.6 billion project has been scheduled to be fully operational by 2023. ....

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Construction financing for Invenergy's solar project comes to a close

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Invenergy, a privately-held global developer and operator of sustainable energy solutions, has announced the completion of construction financing for the first phase of the Samson Solar Energy Center (Samson Solar) in northeast Texas, US. The first phase includes 250 MW of the total 1310 MW project, which will be one of the largest solar energy facilities in the country upon completion.
Santander acted as Admin Agent, Coordinating Lead Arranger, and Bookrunner, and Société Générale and Caixabank acted as Joint Lead Arrangers for the financing, which includes a construction loan, letter of credit facility, and back-leverage term loan.
Located in Lamar, Red River, and Franklin Counties, Texas, Samson Solar is being constructed and will commence operation in five phases. With the first phase currently under construction, the full project is slated to be operational in 2023. ....

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Invenergy completes financing for Texan solar site

Invenergy completes financing for Texan solar site
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