FinancingClosedOctober 16, 2024

Project Marahu — 200 MW solar PV + 285 MW/1,140 MWh BESS in Guayama and Salinas, Puerto Rico

Financial close on DOE EIR loan guarantee. Replacing fossil generation in Puerto Rico with solar+storage. Expected to produce 460,000 MWh/year.

$861M

Deal Value

200MW

Capacity

1,140MWh

Storage

Hybrid

Technology

PR

Location

Deal Details

Deal Type
DOE Loan
Seller / Sponsor
AES / TotalEnergies (Clean Flexible Energy LLC)
Buyer / Financier
DOE Loan Programs Office
Offtaker
PREPA
Deal Value
$861.3M
Stage
Construction
ISO/RTO
PREPA

Finance Counterparties

Lenders & Capital Providers

lender
DOE LPO (EIR Program)

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