🔋 Pattern Energy Group has secured $11bn for the groundbreaking 3.5 GW SunZia Wind and 550-mile SunZia Transmission projects.
đź’ˇ Innovative Financing: The non-recourse package comprises $8.8bn in construction and term facilities as well as $2.25bn tax equity term loan, provided by a consortium of lenders including BNP Paribas, Credit Agricole and Banco Santander.
🌍 Monumental Climate Milestone: SunZia will power over 3 million people, especially in Arizona and southern California. The project is a strategic fit for these solar-dominant regions, enhancing their electricity networks.
🤝 Collaborative Success: Pattern Energy will continue to collaborate with development partners like GE Vernova, Vestas and Hitachi Energy as well as power off-takers such as Shell and Clean Power Alliance during the construction phase.Â
🎯 Next stop: Commercial operation in 2026.
