Announced
Completed
Synopsis
Advanced Power, global developer, owner and asset manager of modern power infrastructure, completed the investment in Cutlass Solar, a 140-MWdc photovoltaic solar electric generating facility. Other investors include ENEOS and Fuyo General Lease. Financial terms were not disclosed. "Cutlass is one of the largest, non-recourse, merchant solar financings and is the first project of Advanced Power's +1 GW solar development pipeline to reach financial close and start of construction," Jonathan Winslow, Advanced Power COO.
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