{"id":311181,"date":"2025-11-03T14:02:58","date_gmt":"2025-11-03T18:02:58","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/contourglobal-closes-its-first-solar-financing-in-the-u-s\/"},"modified":"2025-11-03T17:04:10","modified_gmt":"2025-11-03T21:04:10","slug":"contourglobal-closes-its-first-solar-financing-in-the-u-s","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/contourglobal-closes-its-first-solar-financing-in-the-u-s\/","title":{"rendered":"ContourGlobal closes its first solar financing in the U.S."},"content":{"rendered":"\n<p>ContourGlobal closed its first <strong>investment in renewable energy<\/strong> in the United States, closing a transaction of more than <strong>US$350 million<\/strong> for the development of the Black Hollow Sun solar project in the state of Colorado. The project will have a total installed capacity of <strong>324 megawatt peak (MWp)<\/strong> once completed and Phase I is currently in commercial operation, while Phase II is under construction and scheduled for completion in 2026. <\/p>\n\n<h2 class=\"wp-block-heading\">Details of the financial operation<\/h2>\n\n<p>The deal consists of a tax equity investment and a debt financing package. In total, the initial deal amounts to US$350 million, but with the completion of the second phase of the project, the figure could exceed <strong>US$421 million<\/strong>. <\/p>\n\n<p>The tax equity component was led by <strong>Tyr Energy<\/strong>, a subsidiary of ITOCHU Corporation specializing in clean electricity generation. <strong><a href=\"https:\/\/inspenet.com\/en\/articulo\/investments-for-clean-energy-transition\/\" target=\"_blank\" rel=\"noreferrer noopener\">clean electricity generation<\/a><\/strong> in North America, while on the debt side, major international institutions such as <strong>Cr\u00e9dit Agricole CIB, ING Capital LLC, Intesa Sanpaolo, Mizuho and MUFG<\/strong> participated.<\/p>\n\n<h2 class=\"wp-block-heading\">What is the Black Hollow Sun project?<\/h2>\n\n<p>Located in northern Colorado, the Black Hollow Sun solar project will become <strong>the largest photovoltaic facility in the region<\/strong> once both phases are operational. The electricity generated in Phase I is purchased by <strong>Platte River Power Authority<\/strong>, a community utility that serves Fort Collins, Loveland, Estes Park and Longmont. <\/p>\n\n<p>It is estimated that the entire project will have the capacity to supply clean energy to <strong>more than 73,000 homes per year<\/strong>, contributing directly to the reduction of greenhouse gas emissions. <strong><a href=\"https:\/\/inspenet.com\/en\/articulo\/reduction-emissions-petroleum-refining\/\" target=\"_blank\" rel=\"noreferrer noopener\">emissions reduction<\/a><\/strong> emissions and meeting the state&#8217;s energy sustainability goals.<\/p>\n\n<h2 class=\"wp-block-heading\">What does this mean for ContourGlobal?<\/h2>\n\n<p>The closing of this transaction represents a decisive step in <strong>ContourGlobal&#8217;s growth strategy<\/strong> in the United States. With the support of top-tier legal and financial advisors, the company strengthens its position as an independent power producer with a growing participation in the renewable energy segment. <strong><a href=\"https:\/\/inspenet.com\/en\/articulo\/operational-efficiency-renewable-energies\/\" target=\"_blank\" rel=\"noreferrer noopener\">renewables segment<\/a><\/strong>. <\/p>\n\n<p>The strong network of partnerships with both financial institutions and energy buyers enables the company to advance its goal of building a diversified and sustainable portfolio, focused on solar and other clean energy assets.<\/p>\n\n<p><strong>Source: <a href=\"https:\/\/www.contourglobal.com\/news\/contourglobal-closes-its-first-u-s-renewable-tax-equity-investment-and-project-financing-valued-at-more-than-usd-350-million\/\" target=\"_blank\" rel=\"noreferrer noopener\">ContourGlobal<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Black Hollow Sun solar project will reach 324 MWp, enough to power more than 73,000 homes per year.<\/p>\n","protected":false},"author":10019,"featured_media":311140,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13044],"etiqueta_noticias":[],"class_list":["post-311181","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-new-energies"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/311181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/10019"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=311181"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/311181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/311140"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=311181"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=311181"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=311181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}