Energy
Ashtrom Secures $200 Million to Build Texas Solar Farm at Scale
Ashtrom Renewable Energy has closed a $200 million financing agreement for its El Patrimonio solar project in Texas, adding significant utility-scale capacity to the state's growing clean energy grid.
Key Takeaways
- Ashtrom Renewable Energy secured $200 million in financing for the El Patrimonio solar project in Texas
- Texas has become the most active utility-scale solar market in the US due to its deregulated grid and solar resources
- Project finance for renewable energy has matured significantly, with institutional lenders now comfortable with solar asset classes
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DT Editorial AI··via energymonitor.ai