ACES project

“So for the first iteration they're just getting connected to the grid, and there's going to be a network of contracts and racks to make sure that it's a hundred percent clean energy.”

“This project is really well structured. It was rated at investment grade for the loan, so it's actually really well structured. Many of our projects are triple C or single B in terms of its shadow credit rating”

“It's notable that the LPO just issued a conditional commitment to guarantee an over five hundred million dollar loan to the ACES project, which would become the largest green hydrogen hub in America by a long shot.”

“That's exactly right. We're underwriting to the power, and, you know, and the renewed generation facility will be owned by Intermountain Power Agency and so, so that, so, so that is what we're underwriting to.”

“Yeah, so, I mean, I don't think there's ever been a salt dome repurposed for hydrogen in this way and so there's certainly been test facilities that have been built in the past, but to our knowledge, there's never been a commercial hydrogen storage salt dome, …”