The Eldorado project is developed in partnership with energy Tenaska and expected to come online at some point in 2024. Image: Sol Systems
US solar company Sol Systems has secured US$250 million towards the construction of its 189MW Eldorado solar PV project in the state of Illinois.
Financing for the project was issued by financing partners Monarch Private Capital, the National Bank of Canada, ING Bank, National Australia Bank, Comerica Bank and Silicon Valley Bank. First Citizens Bank – another US institution – acquired Silicon Valley Bank in March 2023 after the latter collapsed and triggered concerns over the US community solar assets it had played a large part in financing.
(The above content is reproduced from pv-tech，By Will Norman）
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