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Panamint Capital Breaks Ground on Historic 1.2 GW Solar Project at Texas Energy Site

Energy Markets & PricesGreen & Sustainable FinanceInfrastructure & DefenseCompany Fundamentals

Panamint Capital broke ground on Big Rooter Power, a 1.2 GWdc solar PV project at its Twin Oaks power station in Robertson County, Texas. The build is budgeted at $1.7 billion and is located about halfway between Dallas and Houston. The announcement is modestly positive for the developer’s growth profile, though it is unlikely to be market-moving beyond the local/renewables corridor.

Analysis

Panamint Capital broke ground on Big Rooter Power, a 1.2 GWdc solar PV project at its Twin Oaks power station in Robertson County, Texas. The build is budgeted at $1.7 billion and is located about halfway between Dallas and Houston. The announcement is modestly positive for the developer’s growth profile, though it is unlikely to be market-moving beyond the local/renewables corridor.

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Market Sentiment

Overall Sentiment

mildly positive

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0.20