Construction Financing Complete for 347-MW Texas Solar Power Project

A Texas-headquartered solar power and battery energy storage developer said it has completed construction financing for a utility-scale project being built as part of a joint venture with an Israel-based group. San Antonio-based OCI Energy, along with longtime Israeli solar power company Arava Power, said the Project SunRoper solar farm in Wharton County, Texas, represents a $394-million investment. The two companies worked with ING Capital, an international banking group, to secure financing. It's the fir ...