Home |

Duke Secures Financing for Texas Solar Project

Submitted by Stefan Wray on Sun, 06/13/2010 - 11:00pm
Publication Date: 
Mon, 14 Jun 2010 04:00:00 GMT
Time Stamp: 
1276488000
Original URL: 
http://www.renewableenergyworld.com/rea/news/article/2010/06/duke-secures-financing-for-texas-solar-project?cmpid=rss

For the second time in three weeks, Duke Energy announced the financing of assets in its commercial renewable power portfolio. Duke Energy Generation Services (DEGS) has raised approximately US $45 million by leveraging its ownership of the 14-megawatt Blue Wing Solar Project, currently under construction in San Antonio, Texas. Prudential Capital Group provided the 25-year loan.