NorthStar Clean Energy secured $334M for Michigan solar projects

CMS Energy’s subsidiary NorthStar Clean Energy secured $334 million for Branch and Genesee Solar in Michigan, with BNP Paribas, MUFG, and SMBC arranging the financing.

By Prudhvi Rani 20 Mar 2025 in Business Bytes America Bytes

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NorthStar Clean Energy secured funding for the 200 MW Branch Solar and 50 MW Genesee Solar, set to power 36,000 homes in Michigan. Image Source: NorthStarCleanEnergy

US-based NorthStar Clean Energy, a subsidiary of CMS Energy, has secured up to $334 million in construction-to-term financing for two solar projects in Michigan. The Branch Solar project, a 200 MW facility in Branch County, became NorthStar’s largest solar asset in the state. The Genesee Solar project, a 50 MW facility in Genesee County, was developed in Genesee County. These projects were designed to generate electricity for nearly 36,000 homes annually. BNP Paribas, MUFG and SMBC arranged the construction-to-term financing. Legal advisors included Hunton Andrews Kurth LLP, Arnold & Porter Kaye Scholer LLP, Bodman Plc and Warner Norcross + Judd LLP.

#BranchSolarProject #Michigan #GeneseeSolarProject #NorthStarCleanEnergy

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