The
finance
package
was
put
together
by
Santander
and
Prudential.
It
consists
of
a
mixture
of
bank
and
longer-term
institutional
finance.
Santander
and
Prudential
put
together
a
similar
hybrid
package
for
a
127MW
solar
plant
in
Arizona
earlier
this
year.
"The
innovative
hybrid
structure
takes
advantage
of
the
short-term
flexibility
of
the
banks
and
the
long-duration
appetite
of
the
institutional
market,"
says
Ric
Abel,
managing
director
of
Prudential
Capital's
energy
finance
group.
Chicago-based
Invenergy
–
which
had
previously
revealed
closure
of
the
financing
but
not
the
amount
–
is
constructing
California
Ridge…
