FinancingClosedMarch 31, 2025

Country Acres Solar + Storage — 403 MW solar + 688 MWh BESS in Placer County, California

Construction financing converting to $376M term loan at COD. 30-year solar PPA + 20-year storage PPA with SMUD. $41M+ community benefits, 360+ construction jobs. COD expected H2 2026. Consortium of BNP Paribas, Crédit Agricole, Natixis, Nord/LB.

$773M

Deal Value

403MW

Capacity

688MWh

Storage

Hybrid

Technology

CA

Location

Deal Details

Deal Type
Construction Loan
Seller / Sponsor
Enlight Renewable Energy (Clenera)
Buyer / Financier
BNP Paribas, Crédit Agricole, Natixis, Nord/LB
Offtaker
Sacramento Municipal Utility District
Deal Value
$773M
Stage
Construction
ISO/RTO
CAISO

Finance Counterparties

Lenders & Capital Providers

Coord. Lead Arranger
BNP Paribas, Crédit Agricole, Natixis, Nord/LB

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