RET Capital’s McHenry Solar PV Plant in Modesto, California, has a 25-year contract to provide power to the Modesto Irrigation District, an investment-grade utility that provides electric service and irrigation water and treats surface water for drinking. With a capacity of 25 megawatts, McHenry produces more than 66,000 MWh of clean solar energy a year. RET Capital acquired the project in 2014, closing a favorable refinancing of bank/bank hybrid senior debt with Nord/LB and Babson Capital.
McHenry Solar PV Plant
Modesto, CA, United States
Details |
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Location | Stanislaus County, CA |
Asset Type | Solar |
Est. Annual Production | 66,000 MWh |
System Size | 25 MW |
Seller | K Road Power |