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
Solar + Storage
Technology
CA
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Enlight Renewable Energy (Clenera)
- Buyer / Financier
- BNP Paribas, Crédit Agricole, Natixis, Nord/LB
- Offtaker
- Sacramento Municipal Utility District
- Deal Value
- $773M
- Stage
- Under Construction
- ISO/RTO
- CAISO
- Source
- GlobeNewswire
Capital Structure
$773M
Total transaction value
Tranches
- Construction Loan · BNP Paribas (Coordinating Lead Arranger); Crédit Agricole, Natixis, Nord/LB
- $773M
- Term Loan (converts at COD) · BNP Paribas-led syndicate
- $376M
Finance Counterparties
Lenders & Capital Providers
- Coord. Lead Arranger
- BNP Paribas, Crédit Agricole, Natixis, Nord/LB
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