Santander and Société Générale acted as joint lead arrangers for the construction financing.
Located 25 miles north of Las Vegas, Nevada, US, the Dry Lake Solar project is currently under construction and scheduled to begin commercial operation in June 2021. The project will support approximately 250 jobs over the course of the construction period.
Dry Lake Solar is contracted under a long-term power purchase agreement is contracted under a long-term power purchase agreement with MGM Resorts International, a partnership which was announced in 2018, and will assist MGM Resorts in achieving its renewable energy goals.
