The finance package includes $702m in project bonds, a $150m loan and an $83m credit facility, says NextEra, which is developing the plant via its Genesis Solar subsidiary.

The US Department of Energy has confirmed a loan guarantee worth more than $680m for the CSP project, to be built in Riverside County.

Credit Suisse was the lender-applicant for the loan guarantee and the initial purchaser of the project bonds, and also provided the project term-loan.