07:52 AM EST, 12/17/2024 (MT Newswires) -- Enlight Renewable Energy ( ENLT ) said Tuesday that its Atrisco Solar and Energy Storage project in New Mexico is fully constructed and ready for commercial operations.

The company said that on Friday the construction financing was converted into a term loan and tax equity proceeds were received. It also said the final total project cost was reduced by about $20 million to $809 million due to savings on construction expenses.