Carlsbad, California-headquartered BayWa r.e. has closed financing for the Jacumba Valley Ranch Energy Park. The project includes a 90 MW (AC) / 127 MW (DC) solar facility and a 70 MW (AC) / 280 MWh battery system in Southeastern San Diego County. The project is scheduled for 2026 operations, is expected to supply electricity to about 57,000 homes through San Diego Community Power. Construction is underway after the issuance of full notice to proceed, following the project’s recent groundbreaking. JVR is projected to avoid roughly 500,000 metric tons of CO₂ over its lifetime, with the battery system designed to enhance grid stability through dispatchable capacity. Funding of about $416 million has secured through a loan facility led by Société Générale and preferred equity from Wafra and Acadia Infrastructure Capital. More than 350 union construction jobs were planned, with long-term operational roles to follow. BayWa r.e. allocated $4 million for local investment, set aside land for a new fire station and designated a 435-acre biological open space while avoiding sensitive habitats. Earlier this year, BayWa r.e. transferred its Clump and Yanel solar farms to Capital Dynamics.