Intersect Power’s 415 MWp Radian Solar Project in Texas Reaches Commercial Operation
OAKLAND, Calif., June 6, 2023 /PRNewswire/ -- Intersect Power, LLC, ("Intersect Power"), announced the commercial operation of its Radian solar project, located in Brown County, TX, on May 16, 2023. The Radian solar project: Utilizes First Solar panels, Created more...
Intersect Power Reaches Commercial Operation of 310 MWp Athos III Solar + Storage Project in California
Oakland--[January 11, 2023]-- Intersect Power, LLC, (“Intersect Power” or “Intersect”), announced the commercial operation of its Athos III solar project located in Riverside County, California, on December 22, 2022. The Athos III solar project was built by union...
Intersect Power Procures 4.9 GW for 2025-2029 Delivery, Increasing its Total 2022 Orders for First Solar Module Technology to 7.3 GW
Intersect Power expected to be the largest buyer and operator of First Solar technology by 2029 TEMPE, Ariz., November 17, 2022 – First Solar, Inc. (Nasdaq: FSLR) announced that it has entered into agreements to supply an additional 4.9 gigawatts (GW)DC of its high...
Intersect Power Closes $3.1 Billion in Project Financing to Complete Near Term Portfolio Totaling 2.2 GWDC
OAKLAND, CA, --[September 29, 2022] -- Intersect Power, LLC, (“Intersect Power” or the “Company”) announced today the closing of an aggregate of $2.4 billion of new financing commitments and the allocation of $675 million of previously announced commitments for the...
Intersect Power Orders 2.4 GW of First Solar’s High-Performance Modules
Intersect Power expected to be one of the largest buyers and operators of First Solar technology by 2027 TEMPE, Ariz., July 28, 2022 – US-headquartered First Solar, Inc. (Nasdaq: FSLR) announced that it has entered into an agreement to supply 2.4 gigawatts (GW)DC of...
Intersect Power Announces $750M Growth Equity Investment from TPG Rise Climate, CAI Investments & Trilantic Energy Partners North America
Investment will provide significant capital to accelerate the build-out of Intersect Power’s clean energy platform, from today’s 2.4 GW portfolio to 8 GW+ of renewable generation, storage, and hydrogen production TPG Rise Climate joins existing investments from CAI,...
Intersect Power Wins Two “Deal of the Year” Awards for $2.6B of Project Financing
Intersect Power Wins Two “Deal of the Year” Awards for $2.6B of Project Financing Project Finance International’s 2021 Americas ESG Deal of the Year and Proximo’s 2021 North America Solar Deal of the Year Oakland, Calif.--[April 21, 2022]--Intersect Power, LLC,...
The Nexus of Deep Decarbonization
By Sheldon Kimber, CEO, Intersect Power Click here to download PDF The climate is warming and our society will be forced to decarbonize well beyond the power sector. That much is certain, and just a matter of time. At the same time, clean electricity is reaching...
Intersect Power welcomes John Cook as Chief Legal Officer
SAN FRANCISCO - (January 25, 2022) - Intersect Power, a clean energy company, today welcomed John Cook as Chief Legal Officer. Mr. Cook will join the Company’s executive team leading the integrated legal activities to support Intersect Power’s rapid growth. Mr. Cook...
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.