SAN DIEGO (PRWEB) SEPTEMBER 16, 2020
In April, ENGIE North America secured major tax equity financing for its renewables portfolio. The portfolio consists of 2.0 GW of renewable assets, comprised of 1.5 GW of onshore wind and 0.5 GW of utility-scale solar PV projects. This is believed to be the largest tax equity deal of its kind in the United States. TerraPro Solutions was a part of the team of third-party consultants who helped ENGIE complete this tax equity financing.
From late-stage project development through construction and financial closing, TerraPro Solutions experts worked on 8 of the 11 wind and solar projects in this portfolio. The deliverables included title curative analysis and bridge documentation to streamline and mitigate risk related to the real estate title curative requirements and title policies. TerraPro Solutions also provided critical support in negotiating and obtaining relevant consents, subordinations, and crossing permits.
“Our mission is to provide critical development and financial closing support for organizations that are investing in climate change solutions,” states Kimberlee Centera, CEO, TerraPro Solutions. “We are pleased to have been part of the team that contributed to this groundbreaking achievement for ENGIE.”
About TerraPro Solutions:
TerraPro Solutions, a leading risk mitigation renewable energy project development consultancy has generated over 10 GWs in Solar, Wind, and Energy Storage. With a total financed value of over $6 billion, it is the top development consultancy in the renewables market. TerraPro Solutions provides high-level expertise in the development and implementation of renewable energy projects. Services include site feasibility and land acquisition, due diligence for investment and financing, and construction, compliance and post-construction operations. For more information contact Annemarie Osborne 949-237-2906 [email protected] or Vanessa Faucher 858-573-2000×810 [email protected] or visit https://terraprosolutions.com/