Massive US Wind Power Project Scores Huge $11 Billion “Green Loan” Financing…

Everyone is buzzing about SunZia, the massive, sprawling wind power and transmission project taking shape in New Mexico and Arizona. The project is launching into full construction mode on the heels of a newly signed financing package worth an impressive $11 billion, but the size of the deal is not the whole story. The project developer anticipates that SunZia will serve as a model for financing other, similarly ambitious renewable energy projects under the umbrella of the Green Loan Principles. If the Green Loan Principles sound like something that fossil energy stakeholders should be pushing back against, they are. The Green Loan…