Primergy Secures $225 Million in Financing for Valley of Fire Portfolio
The funding comprises a $125 million tax credit sale and a $100 million revolving credit facility
November 5, 2024
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Primergy Solar, a developer of distributed and utility-scale solar and battery storage projects, announced closing $225 million in project financing for developing its Valley of Fire (VoF) portfolio. The funding comprises a $125 million tax credit sale for the Gemini Solar + Storage project and a $100 million revolving credit facility from Rabobank for the continued development of the other VoF projects.
