FinancingClosedOctober 20, 2025

Sundance Solar and Energy Storage — 75 MWac solar + 50 MW / 200 MWh BESS, Elbert County, Colorado

~$190M construction financing led by MUFG with BNP Paribas, DNB Bank ASA, and Santander. Tax equity from Fifth Third Bank. EPC by McCarthy Building Companies. CORE Electric Cooperative offtake (powers ~25,000 CO homes). COD expected late 2026. 40-year project life; generates $9.5M+ in property taxes.

$190M

Deal Value

75MW

Capacity

200MWh

Storage

Solar+Storage

Technology

CO

Location

Deal Details

Deal Type
Project Finance
Seller / Sponsor
Cypress Creek Renewables
Buyer / Financier
MUFG (coordinating lead arranger) / BNP Paribas / DNB Bank ASA / Santander; Fifth Third Bank (tax equity)
Offtaker
CORE Electric Cooperative
Deal Value
~$190M
Stage
Construction
ISO/RTO
Western

Service Providers

Advisory & Legal

epc
McCarthy Building Companies

Finance Counterparties

Lenders & Capital Providers

Coord. Lead Arranger
MUFG
participants
BNP Paribas, DNB Bank ASA, Santander
Tax Equity
Fifth Third Bank

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