Origis Energy, a prominent player in the American renewable energy landscape, has recently finalized a significant financial arrangement. A construction warehouse facility worth $750 million has been successfully closed, earmarked for funding the development of expansive solar and energy storage projects. These ventures are projected to amass an impressive combined capacity of around 2 gigawatts (GW) across 15 states in the span of the next three years.

The funding initiative follows a notable event in March 2023, where Origis Energy underwent an upsizing amendment for their existing $750 million development finance facility.

This newly secured warehouse facility will play a pivotal role in facilitating the construction of various solar, energy storage, and co-located solar plus storage projects. The anticipated timeline for project completion extends up to 2026. Notably, Power Purchase Agreements (PPAs) have been diligently secured for all assets, with a diverse client base encompassing both utility and corporate sectors.