Montana Solar Park Flips On
- Clenera LLC, a subsidiary of Israeli renewables developer Enlight Renewable Energy Ltd, announced their 105-MW DC Apex Solar project in Montana is now online. Producing enough energy to cover 13,500 households, it is the first joint project between Clenera and Enlight, financed by Bank of America, NORD/LB, and Huntington National Bank. Clenera is developing more projects in Montana.
Clenera LLC, a subsidiary of Israeli renewables developer Enlight Renewable Energy Ltd, announced their 105-MW DC Apex Solar project in Beaverhead County, Montana, is now online. The project was delivered on schedule and is the first joint project completed by Clenera since their acquisition by Enlight in August 2021. It is expected to produce enough electricity to cover the annual needs of 13,500 households and will deliver its generation to NorthWestern Energy under a 20-year power purchase agreement. Financing for the project was provided by Bank of America and NORD/LB for construction and Huntington National Bank for long-term financing via sale and leaseback tax equity financing. Clenera is also developing more projects in Montana, including a scheme immediately adjacent to Apex.
What Is Clenera's 105-MW DC Apex Solar Project?
- Apex Solar Project is the first joint project completed by Clenera LLC and Enlight Renewable Energy Ltd.
- The project has a total capacity of 105-MW DC and is located in Beaverhead County, Montana.
- The project is expected to produce enough electricity to cover the annual needs of 13,500 households.
- The electricity generated by the Apex Solar Project is going to be delivered to NorthWestern Energy under a 20-year power purchase agreement.
- The project was financed by Bank of America and NORD/LB for construction and Huntington National Bank for long-term financing via sale and leaseback tax equity financing.
- Clenera is also developing a scheme immediately adjacent to Apex Solar Project.
