DALLAS, June 11, 2024 /PRNewswire/ — Vesper Energy, a leading renewable energy developer, has successfully finalized construction and term loan syndication for its Hornet Solar project, representing approximately $592 million in investments. The syndication process, initiated after the Hornet Solar project’s financial close in December 2023, signals continued investor confidence in the project and Vesper’s ability to deliver reliable, resilient infrastructure.
“This closing is a testament to the value of our Hornet Solar project and showcases our ability to leverage innovative financial structures to provide the greatest, mutually beneficial value for our partners,” said Vesper Energy’s Chief Financial Officer Robert Scheuermann. “We look forward to working with leading investors and lenders as we develop, construct, and operate clean energy projects across the United States.”
The Hornet Solar project covers over six square miles…
