(PV Tech) US renewable energy company Swift Current Energy has secured tax equity financing and US$248 million in project financing for its 122MW Three Rivers Solar facility in Maine.
The financing came from a number of banks, including Crédit Agricole CIB, Lloyds Bank PLC, NatWest and Societe Generale, and Swift expects to begin commercial operations at the project in “late” 2026. The facility will be connected to the ISO-NE grid, which is largely reliant on fossil fuel to meet its energy demand, with natural gas accounting for 48% of the grid’s energy mix, the most among all technology types.
