Project Finance Brief: Vesper Energy Secures $590 Million for Solar Project
Grenergy sells solar and wind projects in Peru
February 7, 2024
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Vesper Energy, a developer, owner, and operator of utility-scale renewable energy projects, secured $590 million in debt financing for the Hornet Solar power project in Texas. The Hornet Solar project is being developed in Swisher County, Texas, and will have a capacity of 600 MWac/ 745 MWdc. It is expected to generate enough to power 160,000 homes annually. The company secured a debt financing package, which also consists of a construction-to-term loan and a letter of credit facility.
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Sohini Aich
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