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OYA Solar, a solar developer and asset owner, announced today that it has secured financing that will support the development and construction of approximately 350-400 MWdc of community solar projects across New York State. The development capital financing transaction was successfully closed with a private equity and credit fund affiliated with Greenbacker Capital Management, LLC., with NY Green Bank, a division of the New York State Energy Research and Development Authority (“NYSERDA“), participating. / Advertisement / Timeline: OYA is on track to commission its first New York project in March 2021, a 6.8 megawatt direct current project located in Constable, New York, and is expected to start construction on its next six New York community solar projects in the first quarter of 2021. By the end of 2021, OYA expects to have placed in service 16 New York community solar projects, or nearly 100 megawatts direct current of capacity and 143 gigawatt hours of annual ....
Press release content from PR Newswire. The AP news staff was not involved in its creation. OYA Solar Closes Development Capital Facility with Greenbacker Capital That Will Support Community Solar Projects Across New York State January 26, 2021 GMT Financing supports OYA’s continuing effort to construct 100 MWDC of Community Solar projects in New York in 2021 NEW YORK, Jan. 26, 2021 /PRNewswire/ - OYA Solar, a solar developer and asset owner, announced today that it has secured financing that will support the development and construction of approximately 350-400 MWDC of community solar projects across New York State. The development capital financing transaction was successfully closed with a private equity and credit fund affiliated with Greenbacker Capital Management, LLC., with NY Green Bank, a division of the New York State Energy Research and Development Authority (“NYSERDA”), participating. ....
OYA Solar Closes Development Capital Facility with Greenbacker Capital That Will Support Community Solar Projects Across New York State News provided by Share this article DC of Community Solar projects in New York in 2021 NEW YORK, Jan. 26, 2021 /PRNewswire/ - OYA Solar, a solar developer and asset owner, announced today that it has secured financing that will support the development and construction of approximately 350-400 MW DC of community solar projects across New York State. The development capital financing transaction was successfully closed with a private equity and credit fund affiliated with Greenbacker Capital Management, LLC., with NY Green Bank, a division of the New York State Energy Research and Development Authority ( NYSERDA ), participating. ....
FARMINGTON After many months of discussion and legal wrangling, the Farmington solar project is moving ahead. According to Ron Brand, director of planning and development for Farmington, the Planning Board approved on Dec. 16, with some conditions, the final site plan and final subdivision plan for the solar farm, which would sit on approximately 35 acres of the Roger and Carol Smith Farm. The next steps for the solar farm, according to Brand, involves approving the decommissioning plan, which must be done by the Town Board and the Planning Board. Any approval can only be done after Brand and attorneys representing Farmington meet with legal counsel from the project’s developer, Delaware River Solar, to discuss and resolve changes asked for by the town. After that step is completed, a pre-construction meeting is the next step, provided a surety bond is filed with the Town Clerk, Brand said. ....