Independent power producer Soltage raised a $142 million senior construction-to-term credit facility with Fifth Third Bank, National Association to fund a 110-MW solar portfolio of utility-scale solar assets across six states: Oregon, Illinois, Massachusetts, Rhode Island, North Carolina and South Carolina. Fifth Third served as Administrative Agent and Lead ArrangerRead More

Corporate investors in solar energy are modifying their expectations and demands for future utility-scale solar projects, bolstering the profile of the industry as a long-term asset class, and altering PPA and contract terms that make more deals possible, said financiers at Intersolar 2020 in San Diego. The impact of thisRead More

Soltage LLC, a leading independent power producer, and Basalt managed funds announce their entrance into the Oregon power market with a 40 megawatt (MW AC) solar portfolio. The first 10 MW solar facility was energized in December and the remaining 30 MW are under construction and planned to be placedRead More

It’s gonna break my heart to see it blown to bits. That’s the refrain of the best song of 2019, “Blown to Bits” by Charly Bliss — a catchy rumination on the state of the world right now. It was playing in my headphones as I put this section togetherRead More

Independent power producer Soltage LLC is launching Helios Power, a new funding vehicle in partnership with infrastructure equity investment fund Basalt II, to construct 200 megawatts (MW) of solar assets across the U.S.  Building upon this prior partnership, Helios Power will continue distributed solar asset investment in the commercial and industrial, utility,Read More

Independent power producer Soltage LLC secured a significant investment from Prudential Capital Group that is estimated to drive 150+ MW of new solar development. This news comes in the midst of a strong year for Soltage, which has already successfully delivered 50 MW of solar power through the construction ofRead More

Soltage LLC closed a first round of investment in a 38 project, 100-megawatt (MW) solar project portfolio located in five states across the East Coast and the Southeast. The portfolio includes a large asset acquisition from project developer, Southern Current, alongside other Soltage-developed projects, and is a follow-on investment underRead More

Republic Services and renewable energy company Soltage sent word of a 13.5 MW project constructed on three former landfill sites, or brownfields, in Massachusetts. Based on preliminary estimates, this project is expected to produce enough electricity to power 1,900 local households. When complete, the project will be comprised of 41,000 solarRead More