Texas Microgrid

Texas Microgrid - 232MW Electric Reliability Council - Term Loan

Borrower(s)
Texas Microgrid
Industry
Power/Gas-fired combined cycle
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Texas Microgrid has raised a $50 million seven-year loan to back a 232MW portfolio of gas-fired microgrids in the Electric Reliability Council of Texas (ERCOT).  

Deal Volume
$50m
Financial Close
13/06/2019
Dealmakers

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Tranches

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Project Deals

232MW Texas MicroGrid Portfolio of Natural Gas Fired Power Generators
$213.2m
Greenfield
Gas-fired simple cycle
North America
North America
United States