Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / letter-to-lenders-counsel-ppa-status.docx
letter-to-lenders-counsel-ppa-status.docx
Parties
HARKNESS LLP
Cade LLP
Calloway-Briggs Renewables Inc
Saguaro Flats Solar LLC
Meridian DataCore Solutions Inc
Capitol Registered Agents LLC
Ridgepoint Capital Partners LP
Linden LLP
Dates
August 8, 2025
September 15, 2025
October 1, 2025
June 20, 2025
December 31, 2024
June 30, 2025
March 14, 2025
May 15, 2025
February 10, 2025
April 1, 2027
Amounts
$108,000,000
$312
$118
$8.2
$2.1
$740
$142,500,000
$42,750,000
$20.00
$140,000,000
Obligations
We note that the PPA must be structured and documented to preserve the Project's eligibility for the ITC, and we have been attentive to this requirement throughout the PPA negotiation
Seller shall deliver to Buyer an irrevocable standby letter of credit issued by Tralvendo National Bank, N
The letter of credit shall be maintained throughout the term of the PPA (subject to the step-down described above) and shall be in a form customary for project finance transactions of this nature
5 Governing Law and Dispute Resolution The parties have agreed to the following governing law and dispute resolution provisions: • Governing Law: The PPA shall be governed by and construed in accordance with the laws of the State of New York, without giving effect to conflict-of-laws principles
• Dispute Resolution: Any dispute arising out of or relating to the PPA shall first be subject to a thirty (30)-day negotiation period between designated senior representatives of the parties
Each party shall appoint one arbitrator, and the two party-appointed arbitrators shall appoint the third arbitrator, who shall serve as chairperson of the panel