Crimson Orchard — 120 MW solar + 400 MWh BESS, Idaho. PPA with Idaho Power
Clenera (Enlight Energy's US platform) closed $304M financing for 120 MW solar + 400 MWh BESS project in Idaho. PPA with Idaho Power. COD expected H1 2027.
$304M
Deal Value
120MW
Capacity
400MWh
Storage
Solar + Storage
Technology
ID
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Clenera
- Buyer / Financier
- BNP Paribas, Credit Agricole, Natixis, Nord/LB
- Deal Value
- $304M
- Stage
- Under Construction
- ISO/RTO
- WECC
- Source
- PV Tech
Capital Structure
Tranches
- Construction financing and term debt commitments · HSBC, ING Capital LLC, KeyBanc Capital Markets, MUFG Bank Ltd (Administrative Agent, Coordinating Lead Arranger, Documentation Agent, Joint Bookrunner)
- $304M
Finance Counterparties
Lenders & Capital Providers
- Administrative Agent
- MUFG
- Coord. Lead Arranger
- MUFG
- bookrunner
- MUFG
- lender
- HSBC; ING Capital; KeyBanc Capital Markets
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