Serrano — 220 MWdc solar + 214 MWac / 855 MWh storage, Pinal and Pima Counties, Arizona
CIBC and SocGen as lead arrangers, with ANZ, PNC, Commerzbank, US Bancorp Impact Finance. Athene (Apollo affiliate) as tax equity investor. First project to use First Solar Series 7 domestically manufactured panels. COD mid-2025.
220MW
Capacity
855MWh
Storage
Solar + Storage
Technology
AZ
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Longroad Energy
- Buyer / Financier
- CIBC (lead), Societe Generale
- Offtaker
- Arizona Public Service (APS)
- Deal Value
- Undisclosed
- Stage
- Under Construction
- ISO/RTO
- WECC
- Source
- Longroad Energy
Finance Counterparties
Lenders & Capital Providers
- leadArrangers
- CIBC, Societe Generale
- lenders
- ANZ, PNC, Commerzbank, US Bancorp Impact Finance
- taxEquityInvestor
- Athene (Apollo)
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