I am very happy that they were able to secure financing. The interest rate is a bity steep as:

"TCW will receive a 2% upfront fee, 14% interest only on funds drawn and a 7.5% residual value in the form of cash settled options in 'NGP Blue Holdco' at the end of the 15-year loan term."

I count that to total around 24% interest and fees, which in my opinion is a bit steep for a utility loan, but should be relatively easy to pay back from the power produced. As I see it, 45MW net should bring in about $40M annually, which will allow significant future developments.