trending Market Intelligence /marketintelligence/en/news-insights/trending/Bfxl0Yjy2NkeQ87pBsjqFg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Solar Frontier Americas secures financing for 210-MWp Calif. solar project

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper

Energy Evolution Podcast

US energy officials push innovation to meet evolving energy needs

Energy Evolution Podcast

Energy futurist sees major challenges for renewables in next 30 years

Solar Frontier Americas secures financing for 210-MWp Calif. solar project

Solar Frontier Americas Inc. completed a tax equity commitment and debt financing for the 210-MWp Mustang Two Solar Park in Kings County, Calif.

The independent power producer secured an about $176 million construction-to-term facility from KeyBank NA and Mizuho Bank Ltd.

Morgan Stanley Renewables Inc. committed to making up to $120 million in tax equity financing for the project. CohnReznick Capital served as financial adviser, and Stoel Rives served as Solar Frontier Americas' counsel in the deal.

The solar park is under construction and is expected to start commercial operation in 2020. Its output will be sold to community choice aggregator Peninsula Clean Energy and the Modesto Irrigation District under separate power purchase contracts.

Solar Frontier Americas is the California-based renewables business of Japan's Idemitsu Kosan Co. Ltd. and will own and operate the Mustang Two solar park. It said in a news release Dec. 18 that Mustang Two is its largest project and financing to date.