Intersect Power Secures $2.6 Billion in Project Financing to Build Out Near Term Portfolio Including 2.2 GWDC of Late-Stage Solar with 1.4 GWh of Storage; Projects Will be in Operation by 2023

Intersect Power Secures $2.6 Billion in Project Financing to Build Out Near Term Portfolio Including 2.2 GWDC of Late-Stage Solar with 1.4 GWh of Storage; Projects Will be in Operation by 2023

Closings demonstrate thesis that today’s long term offtake contracts destroy value and that innovative financing can enable more valuable offtake structures San Francisco–[November 18, 2021]–Intersect Power, LLC, (“Intersect Power” or “Intersect”),...