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FinancingClosedPress / newsFebruary 22, 2024

Bayou Galion Solar — 127 MWdc solar project, Northeast Louisiana

Microsoft will purchase 100% of energy and RECs. Project financing for utility-scale solar in Louisiana.

$160M

Deal Value

127MW

Capacity

Solar

Technology

LA

Location

Project: Bayou Galion SolarAsset profile →

Deal Details

Deal Type
Project Finance
Seller / Sponsor
Recurrent Energy (Canadian Solar)
Buyer / Financier
Microsoft
Offtaker
Microsoft
Deal Value
$160M
Stage
Under Construction
ISO/RTO
MISO

Capital Structure

$160M

Total transaction value

Debt$160M100%

Finance Counterparties

Lenders & Capital Providers

Coord. Lead Arranger
MUFG

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