Recurrent's Papago BESS financing closed

In:

Power

Region:

Americas

By Sean Keating

Recurrent Energy has started construction on its 300MW/1200MWh Papago BESS project in Maricopa County, Arizona.Financing for the project was signed in early May. Structured via borrowing vehicle RE Papago LLC, the $513 million of debt is split between three tranches: a $284 million...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

Catch up on all 2024 event content and Online project finance training

Corporate perspective

28 June 2024

Catch up on all 2024 event content and Online project...

Having exclusive access to our extensive library of 2024 content is a game-changer. Catch up on sessions from Global 2024 and more. Plus, elevate your skills and boost your...

Cautious with credit - Greek project and export finance in 2024

Perspective

03 July 2024

Cautious with credit - Greek project and export finance in...

Greek banks are increasingly liquid. But opinions are divided as to whether lenders or borrowers need to work harder to improve access to debt in the harder-to-reach corners...

Must See

Interview

28 June 2024

What next for Sonnedix?

With 1400-plus in attendance at Exile’s recent Global 2024: Export, Project & Development Finance event in Athens, traditional and financial project sponsors, and their different financing strategies, featured heavily. Proximo caught up with David Flory, head of Project Finance at Sonnedix, to discuss the solar developers' Ponte warehouse and construction financing and its future global deal pipeline.

Corporate perspective

28 June 2024

Catch up on all 2024 event content and Online project finance training

Having exclusive access to our extensive library of 2024 content is a game-changer. Catch up on sessions from Global 2024 and more. Plus, elevate your skills and boost your team's performance with Proximo's online project finance training, ensuring you stay ahead in the project and infrastructure finance industry.

Perspective

03 July 2024

Cautious with credit - Greek project and export finance in 2024

Greek banks are increasingly liquid. But opinions are divided as to whether lenders or borrowers need to work harder to improve access to debt in the harder-to-reach corners of the economy.