Green River Energy Center (400 MW solar + 400 MW / 1,600 MWh BESS, Utah)
NRF as developer counsel, Winston & Strawn as lender counsel. PFI Americas Renewables Deal of the Year 2024.
$1.10B
Deal Value
400MW
Capacity
1,600MWh
Storage
Solar + Storage
Technology
UT
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- rPlus Energies
- Buyer / Financier
- CACIB and others
- Offtaker
- PacifiCorp
- Deal Value
- $1.1B
- Stage
- Unknown
- ISO/RTO
- WECC
- Source
- Industry Source
Capital Structure
$1.09B
Total transaction value
Tranches
- Construction Loan · Credit Agricole CIB, KeyBanc, MUFG, Truist, Wells Fargo
- $699M
- ITC Bridge Loan · Credit Agricole CIB, KeyBanc, MUFG, Truist, Wells Fargo
- $270M
- PPA Letter of Credit · Credit Agricole CIB, KeyBanc, MUFG, Truist, Wells Fargo
- $120M
- Interconnection Letter of Credit · Credit Agricole CIB, KeyBanc, MUFG, Truist, Wells Fargo
- $3M
Service Providers
Advisory & Legal
- developerCounsel
- Norton Rose Fulbright
- Lender Counsel
- Winston & Strawn
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