Cypress Creek attaches biggest solar PV project to date in Texas
Nov 17, 2020 02:48 PM ET
- Cypress Creek Renewables has energised its 162MW Wagyu solar project in Brazoria County, Texas.
The project, which is Cypress Creek's biggest to date, was created by RES, while Cypress Creek is offering continuous procedures and maintenance as well as possession monitoring solutions.
Wagyu is backed by a 15-year company PPA with coffee gigantic Starbucks, and additionally benefits from a 12-year physical hedge offered by power major BP.
Renewables capitalist Cubico worked together with Cypress Creek on sourcing finance and tax equity for the project. Project debt was offered by HSBC, NORD/LB and also Rabobank, while tax obligation equity was given by US Bank.
Also read
