MRG Goody Solar Project
Nexus Renewable Power closed approximately $220 million of project funding for the MRG Goody solar-plus-storage project, with Goldman Sachs making a preferred equity investment supporting hybrid tax equity financing.
$220M
Deal Value
221.2MW
Capacity
Hybrid
Technology
TX
Location
Deal Details
- Deal Type
- Tax equity / preferred equity
- Seller / Sponsor
- Nexus Renewable Power
- Buyer / Financier
- Goldman Sachs
- Deal Value
- $220M
- Stage
- development
- ISO/RTO
- ERCOT
Related Deals
Goldman Sachs Renewable Power LLC fund — $1.4B+ deployed by Sept 2019
Goldman Sachs Asset Management
$1.4B+ deployed
GoodLeap Sustainable Home Solutions Trust 2021-3 — $417M residential solar/sustainable home improvement loans
Lime Residential / Credit Suisse-affiliated SPV → Goldman Sachs and Credit Suisse (joint bookrunners)
$417M
Slate Solar+Storage — 390 MW solar PV + 561 MWh battery storage, Kings County CA
Goldman Sachs Renewable Power (owner) — Recurrent Energy / Canadian Solar (original developer) → BART, Central Coast Community Energy (3CE), Power & Water Resources Pooling Authority, Silicon Valley Clean Energy, Stanford University
390 MW
High Lonesome Wind
Enel Green Power North America → Danone North America
50 MW
High Lonesome Wind
Enel Green Power North America → Allianz Global Corporate & Specialty, Nephila Climate
295 MW
Mira Loma Battery Storage Facility — 20 MW / 80 MWh Li-ion (~400 Tesla Powerpacks)
Tesla → Southern California Edison
20 MW
Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.