en.Wedoany.com Reported - Vesper Energy has broken ground on the Nazareth Solar project, a 201-megawatt utility-scale solar facility located on approximately 1,000 acres of private land in Swisher County, Texas. The project will join the adjacent 600 MW Hornet Solar—one of the largest single-phase solar projects in the U.S.—to expand the company's operational generation portfolio. Hornet Solar has been in operation for one year, contributing over $5 million in local tax revenue and delivering 1.5 million megawatt-hours of electricity to the ERCOT grid.

Nazareth Solar is expected to commence commercial operations in the fall of 2027, generating enough electricity annually to power more than 53,000 Texas households.

The project is projected to bring $34 million in long-term tax revenue to Swisher County, supporting schools, roads, emergency services, and county operations. It will create over 200 construction jobs during the building phase while providing stable income for participating landowners.

Juan Suarez, Co-CEO of Vesper Energy, stated that the groundbreaking of Nazareth Solar marks another milestone for the company, with a team that has proven its delivery capabilities through the Hornet Solar project and the support of capital partners to meet Texas's growing electricity demand.

Ja’Nell Wafer, Director of the Tulia Chamber of Commerce, noted that Nazareth Solar represents a significant investment in the community and the future, creating jobs and benefiting local businesses during construction, while thanking Hornet Solar for its commitment to giving back through community investments and partnerships.

Nazareth Solar donated $30,000 to the Tulia Fire Department for the purchase of a new pickup truck. Johnny Shelburne, Chief of the Tulia Fire Department, expressed gratitude for Vesper Energy's support, stating that the new truck will improve emergency response efficiency.

Vesper Energy secured $236 million in financing for Nazareth Solar through construction-period term loans and letter of credit facilities supported by major financial institutions, continuing its efforts to convert development projects in Texas into operational assets.

Karl Smith, Senior Manager of Project Management at Vesper Energy, stated that Nazareth Solar adds 201 MW of power to the Texas grid, and the groundbreaking reflects the company's proven strength demonstrated in the Hornet Solar project, with the project team focused on delivering safely, on time, and to high standards.

The project team will maintain active engagement with the Swisher County community throughout construction and operations, upholding the standards of transparency, local hiring, and long-term community investment established by Hornet Solar, driving Nazareth Solar toward commercial operations in the fall of 2027.

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