Swift Current Energy: $779M for 800 MW solar project

11 Aug 2023 CW Team

Swift Current Energy, a major U.S. renewable developer, secures $779M financing for the pioneering Double Black Diamond Solar project. This ambitious initiative boasts an 800 MWdc capacity, making it a leading single-phase solar venture in the country.

The funding includes $695M in construction and tax equity bridge loans, plus an $84M letter of credit facility, marking a significant milestone in the renewable sector. Expected to reduce carbon emissions by a million tons yearly and power over 100,000 households, the project near Springfield, Illinois, is set for completion and energization in 2024.

MUFG, Societe Generale, and Truist lead the financing, with support from Constellation, set to acquire energy and RECs. Notable beneficiaries like Chicago O'Hare and Midway airports, Cook County-Illinois, CVS Health, Loyola University of Chicago, and more have agreements for sustainable energy supply.

Swift Current Energy's achievements, including the Tres Bahias Solar project and First Solar partnership, highlight their dedication to large-scale renewable solutions.

Real Estate

08 Oct 2025

Bennet & Bernard Unveil Dutch-Inspired ‘Casa El Toledo’ in Goa

Bennet & Bernard Group, Goa’s leading luxury real estate developer, has launched its newest project, Casa El Toledo, in Assagao. The enclave features 18 ultra-luxury 4 BHK Dutch-style villas blending European charm with tropical elegance. Each villa includes a private pool, double-height ceilings, open courtyards, alfresco dining areas, and English-inspired landscaping. The interiors are curated by noted Dutch designer Kelly Marie. Reflecting the grandeur of the Dutch Golden Age, Casa El Toledo harmonises heritage aesthetics with modern sensibilities. Expansive interiors flow..

Godrej Delivers Heaviest Ecolaire Surface Condenser to US Project

Godrej Enterprises Group’s Process Equipment business has manufactured and delivered its heaviest Ecolaire® Surface Condenser to date, weighing nearly 450 metric tonnes, for a power-generation project in the United States. The project, powered by natural gas and partly designed for hydrogen compatibility, marks another step in advancing clean energy systems. Produced at the company’s GreenCo-certified Dahej facility in Gujarat, the equipment demonstrates India’s growing engineering capabilities and reinforces Godrej’s ‘Make in India for the World’ vision. Hussain S..

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..