Paz Oil and Partners secure $144M financing for Texas Pv power project
Paz Oil, Arava Power, and Menora Mivtachim secure a $144M tax equity bridge loan for the 272 MW Sunray Project in Texas. The project qualifies for a 10% community energy adder under the Inflation Reduction Act. The financing, supported by a major US financial institution and a leading technology company, aids project construction and operation….