Swift Current Energy

Thank you to RMI for recently highlighting our transformative Double Black Diamond Solar project in #Illinois.     We hope RMI’s analysis creates a roadmap for other cities across the world that are actively working to source their electricity needs from renewable energy. #renewableenergy #solar

Our first project in Mississippi is now operating!  We believe it is essential to be a part of the communities in which we work. Throughout development and construction, we’ve worked to develop relationships with the Sunflower County community and now we’re excited to operate this project for the long-haul. More here:  https://lnkd.in/eAfdxm5s   And, we love doing repeat business with customers. Today we’re excited to announce our expanded relationship with Target! Target is purchasing 100% of the energy and renewable energy credits produced by this project and PNC Bank is providing tax equity.  #solarenergy #renewableenergy #Mississippi

By the end of 2024, Swift Current will own and operate more than 1 GW of #renewableenergy projects. ☀️    Join John Corson, our Operational Performance Engineer, at the American Clean Power Association (ACP) 2024 Resource & Technology Conference in #Phoenix. John will lead a session on Wednesday about maximizing the value of projects once they are operational.    #ACPRT24  #renewableenergy

We have secured a $300 million revolving credit facility to provide flexible growth capital for our pipeline of wind, solar and energy storage projects. By the end of this year, we will own and operate more than 1 GW of renewable energy projects. This alignment of capital will charge our continued growth.    Thank you to First Citizens Bank, Deutsche Bank and Truist Securities for serving as coordinating lead arrangers. We are also pleased to have National Westminster Bank (NatWest) and Sumitomo Mitsui Banking Corporation – SMBC Group join this transaction as joint lead arrangers. More here: https://lnkd.in/eprNwUND

News today ➡️  We've closed tax equity financing with Google for our Double Black Diamond Project in Illinois!      We are excited to establish a new relationship with Google to support Double Black Diamond Solar - the largest solar project east of the Mississippi River.     More about the financing here: https://lnkd.in/eMPNvyis

We are thrilled to receive the 2024 EPEAT Purchaser Award from the Global Electronics Council. As a team that prioritizes developing projects responsibly, it is an honor to be recognized for our #sustainable procurement achievements. Please join us in celebrating the collective impacts institutional purchases are making on global sustainability. 🎉   ➡️ Check out our development manager Daniel Sheehan AFM, AAC accepting the award from our 800 MW Double Black Diamond project in Illinois!

We are pleased to welcome Brian Dee to the Swift Current team as Chief Financial Officer! Brian joins the team as we grow our operating portfolio and invest in our market-leading, multi-technology development pipeline. By the end of this year, we will own and operate more than 1 GW of #renewableenergy projects. Brian brings to Swift Current more than 27 years of experience in the #energy industry. As CFO, Brian will be responsible for Swift Current’s #finance and #accounting activities, including tax, treasury, insurance, risk management, and financial planning and strategy, focusing on enhancing near- and long-term performance. Read the full press release here: https://lnkd.in/eekbr8hB

Our 260 MWdc Tres Bahias Solar project is now powering City of Houston facilities through a power purchase agreement with an affiliate of NRG Energy, Inc. The second utility-scale #cleanenergy project we’ve recently energized in the #LoneStarState, Tres Bahias also represents the largest operating solar project in Calhoun County, Texas and the third largest in the Texas Gulf Coast region.   We are pleased to work with our partners at UnitedHealth Group and Morgan Stanley Renewables Inc., who are providing the tax equity for the project, to make Tres Bahias a reality. We’re excited to continue executing on our #Texas portfolio and growing the number of projects under asset management and operations with the addition of this project.    Learn more at: https://lnkd.in/gYVKJJkf

We’re pleased to share that our 402 MWac Mineral Basin Solar project has been selected by the U.S. Department of Energy (DOE) to receive up to $90 million in Bipartisan Infrastructure Law funding as part of the Clean Energy Demonstration Program on Current and Former Mine Land (CEML). Located in Clearfield County, PA, Mineral Basin Solar proposes to repurpose approximately 2,700 acres of former #coalmining land to support the largest #solarproject in Pennsylvania. Mineral Basin Solar was selected as one of five clean energy proposed projects to accelerate #cleanenergy deployment by supporting diverse, locally driven clean energy projects that can be replicated in current and former #mining communities across the country.    We thank the DOE for their support in implementing programs that help support #energy communities and deploy affordable, clean energy across America.

We’re pleased to share that our 402 MWac Mineral Basin Solar project has been selected by the U.S. Department of Energy (DOE) to receive up to $90 million in Bipartisan Infrastructure Law funding as part of the Clean Energy Demonstration Program on Current and Former Mine Land (CEML). Located in Clearfield County, PA, Mineral Basin Solar proposes to repurpose approximately 2,700 acres of former #coalmining land to support the largest #solarproject in Pennsylvania. Mineral Basin Solar was selected as one of five clean energy proposed projects to accelerate #cleanenergy deployment by supporting diverse, locally driven clean energy projects that can be replicated in current and former #mining communities across the country.    We thank the DOE for their support in implementing programs that help support #energy communities and deploy affordable, clean energy across America.