US Origis Energy Secures $900 Million Financing to Advance Over 5GW Projects
2026-06-20 15:32
Favorite

en.Wedoany.com Reported - Independent power producer (IPP) Origis Energy has secured a $900 million corporate financing package, consisting of a $650 million funded credit facility and a $250 million letter of credit facility.

This financing will be used to support the advancement of over 5GW of late-stage projects in the company's solar and energy storage development portfolio, while also funding the continued growth of its broader project pipeline exceeding 20GW.

Origis Energy Chief Financial Officer Alice Heathcote stated that this capital will enable the company to advance a highly developed project pipeline of over 5GW and continue developing its broader portfolio. She noted that the trust from all financial partners is a strong endorsement of the company's strategy and team.

The financing package provides additional liquidity for Origis' near-term project pipeline and the continued expansion of its solar photovoltaic and battery energy storage system portfolio. The Miami-based company currently operates over 2.3GW of solar and energy storage assets in the United States and has a development pipeline exceeding 20GW.

In April 2026, Origis secured $118 million in tax equity financing for the Chalan solar-plus-storage project in Kern County, California. The project, then under construction, includes a 65MW solar photovoltaic power plant and a 25MW/100MWh battery energy storage system.

In March 2026, the IPP also secured $545 million in financing for three utility-scale solar projects totaling 413MW in Ector County, Texas.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com