ELAND SOLAR AND STORAGE

Diligence, development and financing

  • Acquisition, ongoing development and financing of an $838 million solar and storage project in California.
  • Project consisted of 380 MW solar facility and 600 MWh battery energy storage system.
  • Engagement included comprehensive diligence and renegotiation of EPC, battery supply and service agreements and module supply agreements.
  • Financing included back-leverage bridge debt financing, back-leverage construction/term facility financing and tax equity financing.