Desert Bloom
Recurrent Energy closed $825 million in construction financing and tax equity for Desert Bloom Storage and Papago Solar, with construction loans from Nord/LB, MUFG, CoBank and Siemens Financial Services and tax equity from Wells Fargo.
$825M
Deal Value
150MW
Capacity
BESS
Technology
AZ
Location
Deal Details
- Deal Type
- Construction loan and tax equity
- Seller / Sponsor
- Recurrent Energy
- Buyer / Financier
- Wells Fargo
- Deal Value
- $825M
- Stage
- development
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Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
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