Tuesday, 20 April 2021
D. E. Shaw Renewable Investments (DESRI), a leading provider of cost-effective renewable energy across North America, has achieved financial closing of Assembly Solar III, a 79-megawatt solar project in Lennon, Michigan. DESRI is moving forward with construction after securing both construction debt and tax equity financing for the project. Courtesy of NREL
The Assembly Solar III project is the third phase of the Assembly Solar project in Michigan to begin construction. The projects were developed by Ranger Power, a utility-scale solar developer headquartered in Chicago, in partnership with DESRI, and are being constructed by McCarthy Building Companies, Inc. Assembly I began operating in December 2020 and Assembly II is slated to reach commercial operation in the third quarter of 2021.
DBusiness Daily Update: U-M s Accelerate Blue Fund Makes First Investment, Oakland County Retains Moody s Aaa Bond Rating, and More
dbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dbusiness.com Daily Mail and Mail on Sunday newspapers.
US developer starts 79MW Michigan solar build
renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.