Twain Financial Partners has secured $42 million of financing to finish the Longbow Solar project. This massive ground-mounted solar PV (PV) system is located in Brazoria County in Texas, just south of Houston. As a $145million clean energy project closes, old Texas rice fields will soon be harvesting something new.
Twain’s $42 million commitment, its largest solar loan to date, is part of its recent commitment to finance $1 billion worth of new renewable projects over the next three years.
“Renewable energy investment is a fast-growing segment of our business, and the Longbow project helps highlight our capabilities in that space,” says Michael Park, who recently joined Twain as its director of renewable energy. “I fully anticipate Twain will announce funding commitments for a number of similar projects in the coming months.”
Clean Capital Partners and Aspen Creek are co-developing the Longbow Solar project. The project is scheduled to be in service by August 2022.