Rice Creek Solar receives $71M equity investment

Origis Energy, a US based company, has secured $71 million in tax equity financing from U.S. Bancorp Impact Finance, a major renewable energy investor. This funding is designated for the Rice Creek Solar project in Putnam County, Florida, a key component of the Florida Municipal Solar Project, and one of the largest municipal-backed solar initiatives in the US. The Rice Creek Solar facility with a capacity of nearly 75 MWAC, will feature 213,000 solar panels and generate clean energy to power about 14,000 homes. Origis Energy will be responsible for the construction, ownership, and operation of the site, with completion expected soon.