Vesper Energy in the News

Vesper Energy is pleased to announce the successful refinancing of its Letter of Credit Facility with Macquarie Group and ICBC Standard Bank Plc. The facility, led and arranged by Macquarie’s Commodities and Global Markets business, now includes a new $50 million revolving credit component designed to support Vesper Energy’s growth and provide operational flexibility in developing renewable energy projects.

Vesper Energy, a developer, owner and operator of utility-scale renewable energy assets, announced today the sale of two PJM assets, Gaucho Solar and Nestlewood Solar, to Octopus Energy Generation. 

Vesper Energy, a leading renewable energy developer, has successfully finalized construction and term loan syndication for its Hornet Solar project, representing approximately $592 million in investments.

Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, today announced the sale of its Deer Creek Renewable Energy project to a leading Fortune 500 energy company.

Vesper Energy, a leading energy transition company, is pleased to announce the appointment of co-founders, Mark Rostafin and Juan Suarez as Co-Chief Executive Officers. Current CEO and Co-Founder Craig Carson will transition to Chairman of the Board of Managers, effective May 1.

80-Megawatt site among first qualifying energy communities under Inflation Reduction Act

Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, today announced the closing of financing for its Hornet Solar project. The asset will deliver renewable energy to communities throughout Texas, provide grid stability, and mitigate price volatility in ERCOT.

The Inflation Reduction Act (IRA) is landmark legislation that does far more than simply extend tax credit structures.

Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, announced today that GCM Grosvenor (NASDAQ: GCMG) has committed to invest up to $100 million in Vesper Energy over the next 12 months and acquire a minority ownership stake in the company.