Happy New Year! Today we’re excited to share that starting Jan. 1, City of Chicago has been purchasing 100% clean, renewable energy from our Double Black Diamond solar project! This milestone is years in the making, starting with our groundbreaking announcement with the City of Chicago and Constellation in 2022 that the City of Chicago would be the anchor customer for the 800 MWdc project. We are thrilled to support the City of Chicago’s ambitious efforts to meet their electricity needs with renewable energy. More from WBEZ Chicago below. We look forward to gathering with project customers and partners later this year to recognize this milestone! #solarenergy #Chicago #Illinois
Swift Current Energy
Renewable Energy Power Generation
Boston, MA 9,077 followers
Trailblazing a path for clean energy now
About us
Swift Current Energy is trailblazing a path for clean energy now. Founded in 2016, the company develops, owns and operates highly competitive, utility-scale wind, solar and energy storage projects across the United States. Swift Current Energy is majority-owned by Buckeye Energy Holdings, with the other owners being IFM Net Zero Infrastructure Fund and Lookout Ridge Energy Partners. For more information, please visit swiftcurrentenergy.com.
- Website
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http://www.swiftcurrentenergy.com
External link for Swift Current Energy
- Industry
- Renewable Energy Power Generation
- Company size
- 51-200 employees
- Headquarters
- Boston, MA
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Solar, Wind, Energy Storage, Project Finance, Tax Equity, and Asset Management
Locations
Employees at Swift Current Energy
Updates
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Our 800 MWdc Double Black Diamond project near Springfield, IL is nearing completion! We recently had the opportunity to take the Chicago Department of Environment team and other city officials on a tour of the site. Starting Jan. 1 all City buildings – including O'Hare & Midway – will run on 100% renewable energy, much of it from our Double Black Diamond project. 📷 provided by City of Chicago #solarpower #RenewableEnergy
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Thank you to RMI for recently highlighting our transformative Double Black Diamond Solar project in #Illinois. We hope RMI’s analysis creates a roadmap for other cities across the world that are actively working to source their electricity needs from renewable energy. #renewableenergy #solar
The City of Chicago will power 100% of its municipal operations with renewable energy by 2025, thanks in large part to a deal with one of the largest solar farms in Illinois. Beyond reducing climate pollution, other benefits include: 👷 Investing in Chicago’s workforce development and providing construction jobs 💸 More tax revenue for central Illinois counties 🇺🇸 Supporting domestic supply chains and the US clean energy economy 💡 Inspiring other public and private energy buyers in the region to follow in the City’s footsteps RMI provided technical assistance as part of the American Cities Climate Challenge: https://bit.ly/3XW98Zt #Chicago #Illinois
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Our first project in Mississippi is now operating! We believe it is essential to be a part of the communities in which we work. Throughout development and construction, we’ve worked to develop relationships with the Sunflower County community and now we’re excited to operate this project for the long-haul. More here: https://lnkd.in/eAfdxm5s And, we love doing repeat business with customers. Today we’re excited to announce our expanded relationship with Target! Target is purchasing 100% of the energy and renewable energy credits produced by this project and PNC Bank is providing tax equity. #solarenergy #renewableenergy #Mississippi
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By the end of 2024, Swift Current will own and operate more than 1 GW of #renewableenergy projects. ☀️ Join John Corson, our Operational Performance Engineer, at the American Clean Power Association (ACP) 2024 Resource & Technology Conference in #Phoenix. John will lead a session on Wednesday about maximizing the value of projects once they are operational. #ACPRT24 #renewableenergy
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We have secured a $300 million revolving credit facility to provide flexible growth capital for our pipeline of wind, solar and energy storage projects. By the end of this year, we will own and operate more than 1 GW of renewable energy projects. This alignment of capital will charge our continued growth. Thank you to First Citizens Bank, Deutsche Bank and Truist Securities for serving as coordinating lead arrangers. We are also pleased to have National Westminster Bank (NatWest) and Sumitomo Mitsui Banking Corporation – SMBC Group join this transaction as joint lead arrangers. More here: https://lnkd.in/eprNwUND
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News today ➡️ We've closed tax equity financing with Google for our Double Black Diamond Project in Illinois! We are excited to establish a new relationship with Google to support Double Black Diamond Solar - the largest solar project east of the Mississippi River. More about the financing here: https://lnkd.in/eMPNvyis
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We are thrilled to receive the 2024 EPEAT Purchaser Award from the Global Electronics Council. As a team that prioritizes developing projects responsibly, it is an honor to be recognized for our #sustainable procurement achievements. Please join us in celebrating the collective impacts institutional purchases are making on global sustainability. 🎉 ➡️ Check out our development manager Daniel Sheehan AFM, AAC accepting the award from our 800 MW Double Black Diamond project in Illinois!
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We are pleased to welcome Brian Dee to the Swift Current team as Chief Financial Officer! Brian joins the team as we grow our operating portfolio and invest in our market-leading, multi-technology development pipeline. By the end of this year, we will own and operate more than 1 GW of #renewableenergy projects. Brian brings to Swift Current more than 27 years of experience in the #energy industry. As CFO, Brian will be responsible for Swift Current’s #finance and #accounting activities, including tax, treasury, insurance, risk management, and financial planning and strategy, focusing on enhancing near- and long-term performance. Read the full press release here: https://lnkd.in/eekbr8hB