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Panamint closes financing for Texas solar project phase

Original: Panamint closes loan for 1st phase of 1.2-GW solar project in Texas

Panamint has closed a loan for the first phase of its 1.2-GW solar project in Texas. The financing marks a step forward for one of the larger solar developments under way in the state, where demand for large-scale renewable power continues to grow. Details on lenders and timeline have not yet been made public.

Why now: New financing for a major solar project signals continued momentum in Texas's large-scale renewable energy buildout.

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