Connection

popular articles

EWEC issues a call for tenders for the 2.5 GW Taweelah C IPP project
BP refocuses on oil by selling its onshore wind business in the US
The World Bank anticipates a historic drop in oil prices in 2025
Failure of the EDP-SSE Merger: A Strategic Shift in the Energy Sector
ExxonMobil sells Fos-sur-Mer refinery to Swiss consortium Rhône Energies

rPlus Energies secures over $1 billion for Green River project

rPlus Energies has secured over $1 billion in financing for its Green River Energy Center project, combining 400 MW of solar and 400 MW of storage.
Green River Energy Center Utah

Please share:

rPlus Energies recently closed over $1 billion in financing for its Green River Energy Center project. Located in Emery County, Utah, this project includes 400MW of solar photovoltaic panels and 400MW/1,600 megawatt-hours of battery storage. A power purchase agreement has been signed with PacifiCorp, marking an important milestone for rPlus Energies as an independent power producer.

Leading financial partners

Five financial institutions are participating in this financing: Crédit Agricole Corporate and Investment Bank, KeyBanc Capital Markets, MUFG Bank, Ltd, Truist Securities Inc, and Wells Fargo Securities, LLC. MUFG is acting as administrative agent for the lenders, underscoring the importance of this financial transaction.

High-level legal support

Norton Rose Fulbright acted as lead counsel for rPlus, while Dorsey & Whitney provided specialized legal advice for Utah. The lenders were represented by Winston & Strawn, with support from Snell & Wilmer for local legal matters. This collaboration demonstrates the commitment of all parties to the success of this ambitious project.

Local economic impact

The Green River Energy Center is one of the largest solar projects with storage planned in Utah. The project is expected to generate around 500 jobs during construction, with a significant proportion of the workforce recruited locally. Once operational, it will increase local tax revenues, providing ongoing benefits to Emery County’s budget and services.

Long-term employment prospects

In addition to the jobs created during the construction phase, the Green River project will provide sustainable employment opportunities in the energy sector. Engineering, procurement and construction services will be provided by Sundt Renewables, ensuring high standards of quality and sustainability.
The Green River Energy Center represents a major step forward for rPlus Energies and for the renewable energy industry in the United States. This project illustrates the importance of strong partnerships with leading financial institutions and service providers. By strengthening the local economy and contributing to the energy transition, rPlus Energies is positioning itself as a leader in the field of renewable energies.

Register free of charge for uninterrupted access.

Publicite

Latest news

Al Gore downplays Trump’s economic impact on global energy transition
Washington warns Caracas over any attack on Guyana and vows retaliation
Radioactive leak in Flamanville: EDF delays reactor restart by one month
France: Marc Ferracci ready to submit energy roadmap to parliamentary vote
France delays energy voucher payment to November amid budget law holdup

Recently published in

Q ENERGY starts construction of 8.5 MWc solar park in Gers

Q ENERGY has launched construction works for an 8.5 MWc photovoltaic park in Cahuzac-sur-Adour, on a former industrial site, with commissioning scheduled for late 2025.
India revives 120 MW solar project in Sri Lanka after Adani withdrawal
New Delhi has confirmed the construction of a solar power plant in Sampur, reviving a long-delayed project following the withdrawal of a major wind farm backed by the Adani Group.
en_1140290955540-21
India revives 120 MW solar project in Sri Lanka after Adani withdrawal
New Delhi has confirmed the construction of a solar power plant in Sampur, reviving a long-delayed project following the withdrawal of a major wind farm backed by the Adani Group.
en_1140290955540-21
Plenitude launches construction of a 90 MW solar plant in the Region of Murcia
Italian company Plenitude has begun building a 90 MW solar plant in Fortuna, southeastern Spain, with commissioning scheduled for 2025.
en_1140290959540-20
Plenitude launches construction of a 90 MW solar plant in the Region of Murcia
Italian company Plenitude has begun building a 90 MW solar plant in Fortuna, southeastern Spain, with commissioning scheduled for 2025.
en_1140290959540-20
Masdar completes acquisition of Valle Solar, a strategic 234 MW solar project in Spain
Masdar, through its subsidiary Saeta, has acquired Valle Solar, one of the largest photovoltaic projects in the Valencia region, reinforcing its European growth strategy with a potential storage capacity of 259 MW.
en_1140290962540-9
Masdar completes acquisition of Valle Solar, a strategic 234 MW solar project in Spain
Masdar, through its subsidiary Saeta, has acquired Valle Solar, one of the largest photovoltaic projects in the Valencia region, reinforcing its European growth strategy with a potential storage capacity of 259 MW.
en_1140290962540-9

Enerfip and CARBON launch citizen fundraising for strategic solar plant

CARBON partners with Enerfip to raise at least €1 mn in citizen funding for its planned photovoltaic gigafactory in Fos-sur-Mer, an industrial project backed by the solar sector.
GreenYellow equips three Sanofi sites in France with 4.5 MWc of solar carport systems
GreenYellow is installing self-consumption photovoltaic carports at three Sanofi sites under 15-year power purchase agreements, totalling 4.5 MWc of installed capacity.
en_1140290961540-16
GreenYellow equips three Sanofi sites in France with 4.5 MWc of solar carport systems
GreenYellow is installing self-consumption photovoltaic carports at three Sanofi sites under 15-year power purchase agreements, totalling 4.5 MWc of installed capacity.
en_1140290961540-16
France: The Renewable Energy Syndicate warns of a threat to agrivoltaics
The Renewable Energy Syndicate opposes the bill adopted by the Economic Affairs Committee, arguing that its provisions would end the development of agrivoltaics in France.
en_1140290945540-21
France: The Renewable Energy Syndicate warns of a threat to agrivoltaics
The Renewable Energy Syndicate opposes the bill adopted by the Economic Affairs Committee, arguing that its provisions would end the development of agrivoltaics in France.
en_1140290945540-21
France reforms small-scale solar tariffs to contain public spending
A decree published in the Official Journal revises support for photovoltaic systems under 500 kWc by lowering certain tariffs and introducing a bank guarantee to regulate project eligibility.
en_1140290960540-19
France reforms small-scale solar tariffs to contain public spending
A decree published in the Official Journal revises support for photovoltaic systems under 500 kWc by lowering certain tariffs and introducing a bank guarantee to regulate project eligibility.
en_1140290960540-19

TOYO to double solar production capacity in Ethiopia with 2GW expansion project

TOYO Co., Ltd plans to add 2 gigawatts to its solar production capacity in Ethiopia by August 2025, responding to strong international demand with an estimated $47mn investment.
ZNShine Solar secures module supply deal for 50MW solar project in Honduras
ZNShine Solar will supply photovoltaic modules for the Patuca project, a 50MW facility backed by the Honduran government and scheduled to be commissioned in October 2025.
en_1140290961540-15
ZNShine Solar secures module supply deal for 50MW solar project in Honduras
ZNShine Solar will supply photovoltaic modules for the Patuca project, a 50MW facility backed by the Honduran government and scheduled to be commissioned in October 2025.
en_1140290961540-15
TotalEnergies withdraws from Maya solar project in French Guiana amid new PPE priorities
TotalEnergies’ withdrawal from the Maya project highlights a strategic shift in French Guiana towards distribution and territorial balance, at the expense of solar production around Cayenne.
en_1140290952540-19
TotalEnergies withdraws from Maya solar project in French Guiana amid new PPE priorities
TotalEnergies’ withdrawal from the Maya project highlights a strategic shift in French Guiana towards distribution and territorial balance, at the expense of solar production around Cayenne.
en_1140290952540-19
Energiekontor commissions 60 MW solar park in Brandenburg
German developer Energiekontor has launched operations at the Letschin solar park, adding 60 megawatts to its portfolio and reinforcing its electricity generation segment.
en_1140290954540-18
Energiekontor commissions 60 MW solar park in Brandenburg
German developer Energiekontor has launched operations at the Letschin solar park, adding 60 megawatts to its portfolio and reinforcing its electricity generation segment.
en_1140290954540-18

Bangladesh revives solar push with 2.65 GW tender amid investor concerns

The Bangladesh Power Development Board has issued a tender for 14 large-scale solar plants, following previous project failures due to investor-criticised terms.
Masdar injects €184 million into four Spanish solar plants alongside Endesa
Masdar has signed an agreement with Endesa to acquire a 49.99% stake in four solar plants in Spain, valued at €368 million, consolidating its presence in one of the European Union’s main solar markets.
en_1140290954540-17
Masdar injects €184 million into four Spanish solar plants alongside Endesa
Masdar has signed an agreement with Endesa to acquire a 49.99% stake in four solar plants in Spain, valued at €368 million, consolidating its presence in one of the European Union’s main solar markets.
en_1140290954540-17
Scatec signs 25-year contract for 120 MW solar plant in Tunisia
Scatec has signed a 25-year power purchase agreement with STEG for a 120 MW solar project, strengthening its presence in Tunisia and cooperation with Japan’s Toyota Tsusho Group.
en_1140290947540-17
Scatec signs 25-year contract for 120 MW solar plant in Tunisia
Scatec has signed a 25-year power purchase agreement with STEG for a 120 MW solar project, strengthening its presence in Tunisia and cooperation with Japan’s Toyota Tsusho Group.
en_1140290947540-17
Imerys and TotalEnergies ENEOS deploy solar system in Ipoh, Malaysia
TotalEnergies ENEOS and Imerys have deployed a 1 MWp photovoltaic system in Ipoh, Malaysia.
en_1140290952540-14
Imerys and TotalEnergies ENEOS deploy solar system in Ipoh, Malaysia
TotalEnergies ENEOS and Imerys have deployed a 1 MWp photovoltaic system in Ipoh, Malaysia.
en_1140290952540-14

ACCIONA Energía launches the construction of the Daanbantayan solar plant in the Philippines

ACCIONA Energía has started the construction of the Daanbantayan solar plant, a €120 million project in the Philippines, with operations expected to begin in late 2026.
Acciona Energía secures €263 million financing for its solar farm in Australia
Acciona Energía has closed a €263 million syndicated loan for the construction of the Aldoga solar farm in Australia, supported by Cesce's green investment policy.
en_1140290945540-14
Acciona Energía secures €263 million financing for its solar farm in Australia
Acciona Energía has closed a €263 million syndicated loan for the construction of the Aldoga solar farm in Australia, supported by Cesce's green investment policy.
en_1140290945540-14
BayWa r.e. secures €435 million financing for its strategic transformation
BayWa r.e. has secured €435 million in financing to support its transformation process, with the backing of its shareholders and financiers. The transaction is expected to be finalised in the second quarter of 2025.
en_1140290944540-14
BayWa r.e. secures €435 million financing for its strategic transformation
BayWa r.e. has secured €435 million in financing to support its transformation process, with the backing of its shareholders and financiers. The transaction is expected to be finalised in the second quarter of 2025.
en_1140290944540-14
Deriva Energy launches its 100 MW solar plant in Mississippi
The 100 MW Wildflower Solar plant is now operational in DeSoto County, Mississippi, marking Deriva Energy's first investment in the state.
en_1140290948540-13
Deriva Energy launches its 100 MW solar plant in Mississippi
The 100 MW Wildflower Solar plant is now operational in DeSoto County, Mississippi, marking Deriva Energy's first investment in the state.
en_1140290948540-13

Eiffage Énergie Systèmes and Sunrock conclude a partnership to install four photovoltaic plants in France

Eiffage Énergie Systèmes and Sunrock announce the signing of contracts for the installation of four photovoltaic plants on logistics buildings, representing a total installed capacity of 12.5 MWc.
BayWa r.e. finalises sale of solar projects in France with a total capacity of 127 MWp
BayWa r.e. has completed the sale of a solar project portfolio in France with a total capacity of 127 MWp, marking a strategic development in its renewable asset portfolio.
en_1140290958540-13
BayWa r.e. finalises sale of solar projects in France with a total capacity of 127 MWp
BayWa r.e. has completed the sale of a solar project portfolio in France with a total capacity of 127 MWp, marking a strategic development in its renewable asset portfolio.
en_1140290958540-13
NorthStar Clean Energy secures $334 million for two solar projects in Michigan
NorthStar Clean Energy has secured $334 million in financing to develop two solar projects in Michigan, totaling 250 MW, aimed at powering nearly 36,000 homes annually.
en_1140290951540-12
NorthStar Clean Energy secures $334 million for two solar projects in Michigan
NorthStar Clean Energy has secured $334 million in financing to develop two solar projects in Michigan, totaling 250 MW, aimed at powering nearly 36,000 homes annually.
en_1140290951540-12
Philippines Launch Major 9 GW Energy Auction for 2029
The Philippines announces the launch of a major energy auction targeting more than 9 GW of new solar and wind capacities combined with storage solutions, offering 20-year contracts.
en_1140290956540-11
Philippines Launch Major 9 GW Energy Auction for 2029
The Philippines announces the launch of a major energy auction targeting more than 9 GW of new solar and wind capacities combined with storage solutions, offering 20-year contracts.
en_1140290956540-11

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS