BusinessPhoto: Mercom IndiaPanamint Capital Secures $769M for 491 MW Texas Solar Project
Panamint Capital, a U.S. energy investment firm, has closed $769 million in financing for the 491 MW Big Rooter West solar project in Robertson County, Texas. This is the first phase of a $1.8 billion green loan for the 1.2 GW Big Rooter Power project. Construction began in July 2023, with commercial operations expected by August 2028. The financing includes a $240 million construction loan, a $461 million tax equity bridge loan, and a $68 million letter of credit. Lloyds, MUFG, and SMBC are key financial arrangers.
Mercom India··Robertson County



