Cutlass Solar LLC

Cutlass Solar Power Plant Project Financing

Borrower(s)
Cutlass Solar LLC
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Cutlass Solar was a first-of-its-kind all merchant solar financing in ERCOT. After the market disruption caused by the unexpected winter storm in February in Texas, everyone involved in solar financing - sponsors, tax equity, hedge counterparties and lenders - all pulled back from the market to...

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Deal Volume
$82.3m
Financial Close
28/04/2021
Dealmakers
Sources
Submitted by participant(s),

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Tranches

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Project Deals

Cutlass Solar Power Plant Project
$450m
Greenfield
PV solar
North America
North America
United States