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FinancingFinancial ClosePress / newsMarch 6, 2026

Blossom Solar — 144 MW-AC solar, Morrow County, OH (PJM)

Sol Systems’ first utility-scale project in PJM. Expected to produce ~279,600 MWh annually, enough for 29,000+ homes. COD expected 2026.

$300M

Deal Value

144MW

Capacity

Solar

Technology

OH

Location

Project: Blossom SolarAsset profile →

Deal Details

Deal Type
Project Finance
Seller / Sponsor
Sol Systems
Deal Value
$300M
Stage
Late-Stage Development
ISO/RTO
PJM

Capital Structure

$300M

Total transaction value

Tranches

Construction warehouse facility (debt) · BBVA, ING Capital LLC, Intesa Sanpaolo SpA, NAB, Natixis CIB, NatWest
Tax equity · Raymond James Renewable Energy Investments

Finance Counterparties

Lenders & Capital Providers

Construction Lender
BBVA; ING Capital LLC; Intesa Sanpaolo; NAB; Natixis CIB; NatWest
Tax Equity
Raymond James Renewable Energy Investments

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