China’s Trina Solar closed on a six-year $235-million green loan to finance the construction of a solar panel giga-factory just 15 miles outside Dallas.

Standard Chartered served as the sole lead structuring bank and bookrunner for the non-recourse senior secured term green loan facility and acted as green loan coordinator, joint lead arranger, lender and hedge counterparty.

The Chinese solar panel manufacturer will use the money to finance the development, construction and operation of a 1.35 million-square-foot factory in Wilmer. The plant, with an annual production output of 5.0 GWdc, will be equipped with seven assembly lines and produce three types of solar panels for utility-scale, commercial and industrial, and residential applications.

The Wilmer factory is expected to bring 1,500 new local jobs. It will be in the Tradepoint 45 West industrial hub that’s under construction off Sunrise Road, west of I-45.