Full house at the event
The biggest highlight of the California Solar Power Project is that investors have already begun to receive I-526 approvals. The U.S. Citizenship and Immigration Services will no longer review the project, which means that the approval speed for investors will be expedited. As a leading organization in U.S. investment immigration, Worldway has not had a single case rejected due to discrepancies in personal and family information. The senior analyst emphasized that the project is located in a Target Employment Area (TEA) – Riverside County, California. The Genesis Solar Project has an investment amount exceeding $1.2 billion, operated by the leading renewable energy company in the United States, with 100% of the EB-5 funds guaranteed by NextEra Energy, Inc. If the I-526 is denied, NextEra will refund the investment within 60 days after the denial, and if the visa interview is denied, NextEra will refund the investment within 60 days after the interview denial. The project is backed by a $100 million guarantee from NextEra Energy, Inc., rated A- by Standard & Poor's/Moody's, along with a corporate promissory note guarantee from a company with assets exceeding $64 billion, also rated A-. PG&E will purchase electricity under a 25-year procurement contract. The project is expected to create approximately 3,934 indirect jobs, while the immigration authorities only require 2,000 jobs, exceeding the requirement by 1,934 jobs, fully meeting the conditions for green card removal.
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