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FinancingClosedPress / newsMarch 15, 2024

Prairie Ronde Solar — 180 MWdc solar project in St. Landry Parish, Louisiana

Tax equity deal to finance construction of 180 MWdc solar project. PPA with McDonald's — enough to power 600+ restaurants annually. Barclays as tax equity investor.

$140M

Deal Value

180MW

Capacity

Solar

Technology

LA

Location

Project: Prairie Ronde SolarAsset profile →

Deal Details

Deal Type
Tax Equity & Tax Credits
Seller / Sponsor
Lightsource BP
Buyer / Financier
Barclays
Offtaker
McDonald's
Deal Value
$140M
Stage
Under Construction
ISO/RTO
MISO
Source
Barclays

Capital Structure

$140M

Total transaction value

Tax Equity$140M100%

Tranches

Tax equity · Barclays (sole external equity investor)
$140M

Finance Counterparties

Lenders & Capital Providers

Tax Equity
Barclays

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