Project Finance Brief: Longroad Energy Acquires 900 MW of Solar and Storage Portfolio

Mercom India | Feb 22, 2021 at 5:46 AM
  • Longroad Energy, a U.S.-based renewable energy project developer, has announced the project acquisition of Sun Streams 2, 4, and 5.
  • MYTILINEOS has announced the acquisition of a portfolio of 20 solar projects with a total capacity of 1.48 GW, owned by EGNATIA GROUP, as part of its strategic planning for a significant expansion in Renewable Energy Sources, both in Greece and abroad.
  • The New England Solar Farm project, located near Uralla in the New England region of New South Wales, achieved limited recourse project financing on a merchant basis (without a contract for electricity offtake) which is a unique achievement for a renewable energy project of this size in the Australian project finance market.