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DSD Secures $85M in Tax Equity Financing from Bank of America to Support Expanding Pipeline of Distributed Generation Solar Through 2021


DSD Secures $85M in Tax Equity Financing from Bank of America to Support Expanding Pipeline of Distributed Generation Solar Through 2021
05/20/2021 | 09:05am EDT
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Distributed Solar Development (DSD) announced today the closing of $85 million in tax equity financing from Bank of America to support its expanding pipeline of distributed generation solar projects in the commercial and industrial (C&I) market through 2021, with a sizeable portion going toward New York State Energy Development and Research Authority Value of Distributed Energy Resources (VDER) assets.
This is the third major financing deal DSD has closed this year. DSD previously announced a two-year, $300 million debt facility financed by Credit Suisse in January and a two-year, $150 million construction revolver with Rabobank in March, both of which will support DSD’s expanding pipeline of distributed generation solar projects in the C&I market. ....

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CS Energy and Goldman Sachs Renewable Power Group team up on New York solar


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CS Energy, an integrated energy firm that designs and builds optimised projects in the solar, storage, and emerging energy industries, in close partnership with the Goldman Sachs Renewable Power Group (GSRP) and the New York State Energy Research and Development Authority (NYSERDA), successfully developed and initiated construction on 216 MWdc of new utility-scale solar projects across New York, US. The projects are expected to achieve commercial operations by the end of 2021, making them the first operational utility-scale solar projects in upstate New York.
The portfolio consists of the following geographically diverse mix of projects:
Darby Solar – 27 MWdc – Capital Region – Easton, NY. ....

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CS Energy and Goldman Sachs Renewable Power Group Partner to Deliver 216 MWdc of Utility-Scale Solar in New York


The portfolio consists of the following geographically diverse mix of projects:
Darby Solar – 27 MWdc – Capital Region – Easton, NY
Branscomb Solar – 27 MWdc – Capital Region – Easton, NY
Stillwater Solar – 27 MWdc – Capital Region – Stillwater, NY
Grissom Solar – 27 MWdc – Mohawk Valley – Mohawk, NY
Regan Solar – 27 MWdc – Mohawk Valley – Mohawk, NY
Pattersonville Solar – 27 MWdc – Mohawk Valley – Pattersonville, NY
Janis Solar – 27 MWdc – Southern Tier – Willet, NY
Puckett Solar – 27 MWdc – Southern Tier – Greene, NY
Stillwater Solar was developed by East Light Partners, acquired by GSRP, and is being constructed by CS Energy.
In 2016, under the direction of Governor Andrew Cuomo, New York s Public Service Commission established the Clean Energy Standard, which has been further bolstered by 2019 s Climate Leadership and Community Protection Act, committing that 70 percent of the el ....

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