Operating
April 2025
Ector County, TX
Swift Air Solar
A 145 MW project for Occidental (Oxy) and its subsidiary, 1PointFive.
A 145 MW project for Occidental (Oxy) and its subsidiary, 1PointFive.
Primoris Renewable Energy (PRE) provided construction services to Origis for the project.
At peak, the project created 370 construction jobs.
Array Technologies provided solar tracking systems and solutions.
At peak, the project created 370 construction jobs.
PV Modules for the project were supplied by Boviet.
Array Technologies provided solar tracking systems and solutions.
Inverters were supplied by Sungrow.
PV Modules for the project were supplied by Boviet.
Inverters were supplied by Sungrow.
Advantage Capital is providing $125 million in tax equity for the project.
“The Swift Air Solar project highlights what can be achieved when capital, collaboration, and cutting-edge technology come together to drive meaningful impact,” said Tom Bitting, Managing Director at Advantage Capital. “Investing in transformative renewable energy projects like this aligns perfectly with our mission to drive capital to initiatives that foster economic growth and environmental impact. We are proud to support Origis Energy in delivering this innovative clean energy solution, which contributes to accelerating the clean energy transition.”
Natixis CIB acted as sole coordinating lead arranger, hedging bank, LC issuer, green loan coordinator, and administrative agent for the $290 million construction and term debt financing.
Nasir Khan, Managing Director, Head of Infrastructure & Energy Finance, Americas said “Natixis CIB is proud to once again partner with Origis Energy on the innovative Swift Air Solar project. This financing, our third with Origis, reinforces our commitment to financing renewable energy solutions that drive the global energy transition. Swift Air’s energy contribution to the world’s first large-scale direct air capture plant is a perfect example of the type of innovative and impactful sustainable financing we are dedicated to providing.”
