Abengoa Solar Closes DOE Financing For Solana CSP Plant

Abengoa Solar has finalized $1.45 billion in financing to build Solana, a parabolic trough concentrating solar power (CSP) plant with a net capacity of 250 MW.

Following the conditional commitment announced by President Obama last July, the U.S. Department of Energy (DOE), through the Loan Programs Office, has issued a loan guarantee to support the project. The plant will be built near Gila Bend, Ariz.

For background information on the Solana plant, click here.

SOURCE: Abengoa Solar

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