Origis Energy secures US$900 million financing to advance 5GW of solar and storage projects
By
Shreeyashi Ojha
Summary
Origis Energy, a Miami-based independent power producer, has secured a US$900 million corporate financing package (US$650 million in funded credit facilities and a US$250 million letter of credit facility) to support the advancement of more than 5GW of late-stage solar and storage development projects. The company currently operates over 2.3GW of solar and storage assets across the US and has a development pipeline exceeding 20GW.
Source
bskyOrigis Energy secures US$900 million financing to advance 5GW of solar and storage projectspv-tech.orgKey quotes
· 3 pulledOrigis Energy has secured a US$900 million corporate financing package, consisting of US$650 million in funded credit facilities and a US$250 million letter of credit facility.
The proceeds from the facility will support the advancement of more than 5GW of late-stage projects within its solar and storage development pipeline.
The Miami-based company currently operates more than 2.3GW of solar and storage assets across the US and has a development pipeline exceeding 20GW.
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