trending Market Intelligence /marketintelligence/en/news-insights/trending/TyrzzA-8XxQs24PLEv6yow2 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.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • 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

Simon Solar seeks FERC approval for new financing arrangement


S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

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

Simon Solar seeks FERC approval for new financing arrangement

Simon Solar Farm LLC is seeking the Federal Energy Regulatory Commission approval for a new financing arrangement for a 30-MW solar farm in Social Circle, Ga.

Under the arrangement, the passive lease financing interests in the facility would be transferred from Bank of America Corp. subsidiary from BA Leasing BSC LLC to new bank trusts that will be formed by Fifth Third Equipment Finance or one of its affiliates, and by IBERIABANK or one of its affiliates.

Simon Solar Farm, an indirect subsidiary of Silicon Ranch Corp., will retain operation and control of the facility throughout the transactions. Royal Dutch Shell plc subsidiary Shell New Energies US LLC holds a 43.134% stake in Silicon Ranch, according to an Aug. 6 filing.

The entire output of the solar farm is sold under a 20-year power contract with Southern Co. subsidiary Georgia Power Co. that will expire on May 31, 2035.

FERC is requested to issue its approval by Sept. 5, but no later than Sept. 20, to allow the parties to close the transactions Sept. 30. (FERC docket EC19-117)