Largest clean energy project in US history closes $11B, starts construction

SunZia, a massive clean energy project in the US Southwest, has closed $11 billion non-recourse financing and launched full construction.

Daniel Elkort, executive vice president at Pattern Energy, the project’s California-based developer, said about the milestone finance package:

The size and scale of both the SunZia project and this multifaceted financing show that the renewable energy space can secure attractive capital at levels previously only seen in traditional generation.

The largest clean energy project in the US comprises two arms: SunZia Wind and SunZia Transmission. The projects will employ more than 2,000 workers onsite during construction, including heavy equipment operators, electricians, laborers, and others.

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Source: electrek

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