Currents Podcast

Project finance, renewable energy and more

Ep186: An Inside Look at Intersect’s $2.6 Billion Financing

January 26, 2022 | By Todd Alexander

Sheldon Kimber, CEO and co-founder of Intersect Power, joins us to discuss the $2.6 billion financing facility that Intersect signed in November 2021 to finance a portfolio of late-stage solar and storage projects in California and Texas. We get into Intersect’s $600 million equity raise last year, Sheldon’s openness to merchant risk, the sacrifices that need to be made when the company structures these deals, where he sees the energy storage market going and more.

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The Currents Podcast features in-depth discussions on the latest developments in project finance. The podcast is hosted by partner Todd Alexander, who interviews key business leaders and policy makers to investigate important trends affecting the energy and infrastructure space.

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