Monarch, Invenergy back $170M PV power initiative

US-based Monarch Private Capital and Invenergy have secured nearly $170 million in tax equity financing for the Samson Solar Energy Center II, located in Lamar County, Texas. This 200 MW PV project, developed by Invenergy, is expected to begin commercial operations by the end of this year. This project will generate clean electricity for over 40,000 homes. Samson II is part of the larger Samson Solar Energy Center, a 1,310 MW five-phase development. Collectively, the Samson Solar Energy Center will produce energy to power 300,000 homes. MarathonCapital has been the Invenergy’s financial advisor for this transaction.