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Quinbrook And Primergy Close Us$1.9 Billion Debt, Tax Equity Financing For Monumental Gemini Solar + Storage Project

Apr 25, 2022•over 3 years ago
Oakland

Description

Quinbrook Infrastructure Partners (‘Quinbrook”) and Primergy Solar (‘Primergy”), announced today the final close of a monumental financing deal of $1.9 billion in debt and tax equity financing for the Gemini Solar + Storage project. Gemini is a 690 MWac/966 MWdc solar PV and 380 MW/1,416 MWh battery storage project located in Clark County, Nevada, and is the largest single project of its kind to begin construction in the U.S.

Company Information

Company

Quinbrook Infrastructure Partners

Location

Oakland, California, United States

About

Quinbrook Infrastructure Partners (http://www.quinbrook.com) is a specialist investment manager focused exclusively on renewables, storage and grid support infrastructure and operational asset management in the US, UK, and Australia. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c.USD 8.2 billion equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of c.USD 28.7 billion or 19.5 GW of power supply capacity. Quinbrook has completed a diverse range of direct investments in both utility and distributed scale onshore wind and solar power, battery storage, reserve peaking capacity, biomass, fugitive methane recovery, hydro and flexible energy management solutions in the US, UK, and Australia.