Crux Capital and Origis Energy have announced a $340 million tax equity investment for a 413 MW (DC) utility-scale solar project in Ector County, Texas. The project was planned to reach commercial operations in the second half of 2026 and was expected to generate more than 900 GWh of solar electricity annually for the local grid. The output is described as equivalent to supplying around 85,000 homes or a city of about 250,000 people. The project was projected to generate approximately $68 million in property tax revenue for Ector County. The tax equity investment is backed by investment grade-rated capital and is underwritten and structured by Crux Capital Securities through a Crux-managed vehicle. The structure used a hybrid partnership flip designed to monetize federal investment tax credits through transferability, reflecting the increasing use of hybrid tax equity structures and tax credit transfers in the US renewable energy market.