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FinancingClosedPress / newsNovember 10, 2025

Snowflake A — 600 MW solar + 1,900 MWh BESS, Navajo County, AZ

Massive solar+storage project near Holbrook, Arizona. Six-bank syndicate. Part of Enlight's Snowflake complex (~1,250 MW solar, 4,000 MWh BESS across two phases). Separate from CO Bar Complex. COD expected H2 2027.

$1.44B

Deal Value

600MW

Capacity

1,900MWh

Storage

Solar + Storage

Technology

AZ

Location

Project: Snowflake AAsset profile →

Deal Details

Deal Type
Project Finance
Seller / Sponsor
Enlight Renewable Energy (Clēnera)
Buyer / Financier
Wells Fargo, BNP Paribas, Natixis, Nord/LB, Crédit Agricole, MUFG
Deal Value
$1.44B
Stage
Under Construction
ISO/RTO
WECC

Capital Structure

$1.44B

Total transaction value

Debt$1.44B100%

Finance Counterparties

Lenders & Capital Providers

Construction Lender
Wells Fargo, BNP Paribas, Natixis, Nord/LB, Crédit Agricole, MUFG

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