Cubico Sustainable Investments Buys South Carolina PV Project
Posted on 02/18/2020
On February 11, 2020, Cubico Sustainable Investments purchased 102 mega watt Midlands solar power project in Calhoun County, South Carolina. The Midlands project benefits from a 20-year power purchase agreement with Dominion Energy, Inc.
Formed in May 2015, London-based Cubico Sustainable Investments is backed by Ontario Teachers Pension Plan and PSP Investments.
Construction financing and back leverage was provided by KeyBank. Cubico was advised by law firm Sidley Austin LLP, DNV GL (technical), and WSP (owner’s engineer).