"The size and scale … show that the renewable energy space can secure attractive capital at levels previously only seen in traditional generation."

The American Southwest is about to get a lot more clean energy. California-based developer Pattern Energy just closed on $11 billion of non-recourse financing to construct a massive wind and transmission project across New Mexico and Arizona, as Electrek reported.

The project, called SunZia, is divided into two parts: wind and electricity transmission. The wind part, named SunZia Wind, will reportedly be the largest wind project in the Western Hemisphere, with a 3,500-megawatt capacity, per Electrek. The transmission portion, named SunZia Transmission, will have the capacity to transport 3,000 megawatts of power.