![]() ![]() Crestmark, a division of MetaBank, provided construction financing, while West Town Bank & Trust provided permanent loan financing and U.S. “We were able to field those handily, and complete this valuable acquisition thanks to proven, long-term partnerships with Nationwide and Cypress Creek among others,” she added.Ĭypress Creek O&M Services will perform O&M services for the projects. “Of course, 2020 market conditions presented new challenges” said Jessica Robbins, Senior Director, Structured Finance at Sol Systems. The projects were placed into service in 2019. Three of the projects have a power purchase agreement with NRG Power Marketing and one project has a power purchase agreement with the Lower Colorado River Authority. The Texas portfolio is comprised of four projects ranging in size from 7 MW to 14 MW and are located across Webb, Menard, Brooks, and McClennan counties. “Nationwide and Sol Systems, with the help of Cypress Creek, hope to strengthen the renewable energy capabilities available in Texas, as we work together to create a sustainable future for our communities.” “The positive impacts these solar farms will have on the environment are the driving force behind our continued partnership,” said Nationwide Solar Equity Portfolio Manager Clark Lloyd. ![]() A few weeks ago, Nationwide, Sol Systems and Cypress Creek announced the final portfolio sale in a 148 MW master purchase agreement of 20 North Carolina solar projects. Today, Nationwide and Sol Systems, announced their joint venture, Helios Infrastructure (Helios), completed the purchase of four operating Texas solar projects totaling 47 MW from Cypress Creek Renewables. More info about closed bank account inquiries.See banking services provided by Axos Bank.Utility-external-link For financial advisors.Utility-external-link For financial professionals. ![]()
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