Origis Energy secures $344M financing from MUFG for Golden Triangle I solar and battery project in Mississippi. The 200 MW solar facility with 200 MWh storage is part of the state’s largest deployment. The financing, convertible post-construction, covers the project’s 25-year operational span. Leveraging IRA provisions, it ensures grid resiliency, powering 57,000 homes, and averting 291,000 tons of CO2 annually.
Origis secures $344M financing for its Mississippi PV project
Origis powers Tennessee Valley Authority with 550 MW solar and 600 MWh storage, under PPA from Golden Triangle I, Golden Triangle II and Optimist collectively. Illustration from Origis Energy.
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)