Utility-scale power development company Intersect Power announced an investment by Macquarie Infrastructure Corporation in the development of the company’s solar and power storage projects across the US. The investment includes equity, contingent equity commitments and credit facilities that comprehensively fund Intersect Power’s pipeline development and expansion. According to the company, Intersect Power has approximately 700 MW of early stage projects in California and Texas. This pipeline of projects is being developed for energy delivery from 2019 to 2021.
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