Terra-Gen’s EdSan 1A solar project on Edwards Air Force Base in Kern County, Calif.
Independent renewable energy provider Terra-Gen LLC has completed financing on the second phase of its Edwards Sanborn Solar Storage facility in Kern County, Calif. This phase of the Edwards Sanborn Solar Storage facility is composed of 410 MW AC of nameplate solar capacity (358 MW AC at the point of interconnection) and 1,786 MWh of battery storage. The first phase of the Edwards Sanborn project was financed in July 2021 and its 345 MW of solar and 1,505 MWh of storage are now fully operational.
The financing for the second phase includes $959 million senior secured credit facilities comprising a $460 million construction and term loan facility, a $403 million tax equity bridge facility, and a $96 million construction and revolving letter of…