Vidal Solar+Storage — 160 MW solar + 160 MW / 640 MWh BESS, San Bernardino County, California (CAISO)
$535M debt financing for hybrid solar+storage tied to long-term PPA with San Diego Community Power. Santander as CLA/MLA/Green Loan Coordinator.
$535M
Deal Value
320MW
Capacity
640MWh
Storage
Solar + Storage
Technology
CA
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Aypa Power (Blackstone portfolio company)
- Buyer / Financier
- Santander (CLA), U.S. Bancorp Impact Finance, Zions, Siemens Financial Services, Associated Bank
- Offtaker
- San Diego Community Power
- Deal Value
- $535M
- Stage
- Construction
- ISO/RTO
- CAISO
- Source
- Aypa Power / PR Newswire
Finance Counterparties
Lenders & Capital Providers
- constructionDebtArrangers
- SantanderU.S. Bancorp Impact FinanceZionsSiemens Financial ServicesAssociated Bank
Related Deals
Aypa Power $500M corporate credit facility upsizing — total commitments raised to $1.55 billion
Aypa Power (Blackstone portfolio company) → CIBC, Wells Fargo (lead structuring agents)
$1.55B total facility ($500M upsizing)
Construction warehouse revolving credit facility for Aypa Power's utility-scale energy storage and hybrid renewable pipeline
Aypa Power (Blackstone portfolio company) → CIBC, Wells Fargo (lead structuring agents)
$1.5B (with $500M accordion)
Eland 2 Solar+Storage (374 MW solar + 150 MW BESS, California)
Arevon Energy → CoBank
$679M
Chalan Solar + Storage — 65 MWac solar + 25 MW / 100 MWh BESS, Kern County, California
Origis Energy → RBC Community Investments (tax equity)
$118M
Atlas North portfolio — four late-stage projects totaling ~1,000 MW solar + 450 MW / 1,800 MWh BESS (~1.5 GW combined), CAISO grid via the Cielo Azul Switchyard and Ten West Link (500 kV gen-tie); long-term offtake with California LSEs
Hanwha Renewables → Lydian Energy (backed by Excelsior Energy Capital)
SunZia Wind (3,515 MW) + SunZia Transmission (550-mile HVDC, 3,000 MW capacity) — largest clean energy infrastructure project in US history
Pattern Energy Group → Multiple (consortium)
$11B
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.