Crimson Orchard — 120 MW solar + 400 MWh BESS in Elmore County, Idaho
$304M construction financing and term debt commitments. Post-COD term loan of $166M at 5.8% all-in. 20-year busbar solar PPA and 20-year storage tolling agreement with Idaho Power. Developed by Clenera, Enlight's US subsidiary.
$304M
Deal Value
120MW
Capacity
400MWh
Storage
Hybrid
Technology
ID
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Enlight Renewable Energy
- Buyer / Financier
- HSBC, ING, KeyBanc Capital Markets, MUFG
- Offtaker
- Idaho Power
- Deal Value
- $304M
- Stage
- Construction
- ISO/RTO
- WECC
- Source
- GlobeNewsWire
Finance Counterparties
Lenders & Capital Providers
- lenders
- HSBC, ING, KeyBanc Capital Markets, MUFG
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