Quinbrook Infrastructure and Primergy Solar secure almost $2 billion for the Gemini project

Quinbrook Infrastructure Partners and Primergy Solar have secured almost $2 billion in debt and tax equity financing for the Gemini
Solar + 380 MW storage project in Nevada, US. Gemini was developed by Primergy, a wholly owned portfolio company of Quinbrook. The debt funding includes a construction/term loan, a tax equity bridge loan, and a letter of credit facility totalling $1.3 billion. Truist Bank and Bank of America have contributed an additional $532 million in tax equity commitments.s