FinancingClosedApril 7, 2026

Heelstone — Alligator Creek Solar (104 MW, Wheeler County GA) + Murch Solar (102 MW, Van Buren County MI) — 206 MW total

Heelstone Renewable Energy (a Qualitas Energy company) achieves financial close and commences construction on two US solar PV projects: Alligator Creek Solar (104 MW, Wheeler County, Georgia) and Murch Solar (102 MW, Van Buren County, Michigan), totaling 206 MW. Both projects are backed by long-term PPAs with an unnamed US hyperscale data center developer. Alligator Creek financial close was December 2025; Murch financial close March 2026. Construction commencing April 2026 for both. Heelstone has a $200M corporate credit facility (Deutsche Bank, January 2026) supporting its transition to a fully integrated IPP.

Deal Value

206MW

Capacity

Solar

Technology

GA/MI

Location

Deal Details

Deal Type
Project Finance
Seller / Sponsor
Heelstone Renewable Energy (a Qualitas Energy company)
Buyer / Financier
Unnamed US hyperscale data center developer (long-term PPA)
Offtaker
Unnamed US hyperscale data center developer (long-term PPA)
Stage
Construction
ISO/RTO
SERC/MISO

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