Aratina 1 — 200 MWac solar + 500 MWh BESS, Kern County, California (CAISO)
$500M+ construction financing closed June 2025 with SMBC, Truist, ING, Mizuho. Truist tax equity commitment of $300M closed December 2025. COD 2026.
$500M
Deal Value
200MW
Capacity
500MWh
Storage
Solar + Storage
Technology
CA
Location
Deal Details
Finance Counterparties
Lenders & Capital Providers
- constructionDebtArrangers
- SMBCTruistINGMizuho
- taxEquityProviders
- Truist
- taxEquityAmount
- $300M
Related Deals
Kitt Solar and Energy Storage — 130 MWdc / 100 MWac solar + 400 MWh BESS, City of Eloy, Pinal County, Arizona
Avantus (backed by KKR and EIG) → BBVA / CIBC New York Branch
>$300M
Norton Solar Project — 159 MWdc / 125 MWac solar PV, Runnels County, Texas (ERCOT West)
Avantus
125 MW
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.