Origis secures $344M financing for its Mississippi PV project

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…

IRS’s transferability provision boosts solar projects

Arevon Energy has secured financing for its 157 MW and 150 MW/600 MWh Vikings solar-plus-storage project in California, developed for San Diego Community Power. J.P. Morgan provided $191 million in tax credits, while MUFG, BNP Paribas, Sumitomo Mitsui Banking Corp., and First Citizens Bank offered $338 million in debt financing via the Inflation Reduction Act’s…