Wednesday, December 20, 2023

Origis garners loan for MS projects

MIAMI - Origis Energy, one of America's leading renewable energies and decarbonization solution platforms, announced the close of a $344 construction financing facility and conversion to term loan with MUFG for its Golden Triangle I solar plus battery energy storage projects in Lowndes County, Miss. 

Golden Triangle I, with 200 MWac solar capacity co-located with 200 MWh of energy storage, is one of three Origis Energy renewable energy projects under construction in the state together representing the largest solar plus battery energy storage deployments in Mississippi to date. 

Construction was announced by Origis Energy earlier this year on the three projects, Golden Triangle I, Golden Triangle II and Optimist, with a total capacity of 550 MWac solar plus 600 MWh of battery energy storage. 

The projects will deliver clean energy and grid resiliency at competitive rates under Power Purchase Agreements executed between Origis Energy and the Tennessee Valley Authority (TVA). (Origis 12/20/23) Origis Energy Closes $344 Million Project Construction and Term Loan Facility with MUFG (prnewswire.com)

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