Origis Energy secures $317 million in project tax equity with J.P. Morgan
In Florida, Origis Energy, recently announced it has secured $317 million in project tax equity funding from J.P. Morgan for two utility-scale solar and solar plus battery storage projects located in New Mexico and Mississippi respectively. Golden Triangle II, a 150 MWac solar project with 50 MW/4 HRs (200 MWh) of energy storage, will be completed in 2024, the company said. The project is one of three Origis Energy plants under construction in Mississippi. With a total capacity of 550 MWac solar plus 600 MWh of battery storage, the portfolio represents the largest solar plus storage deployment in the state. Construction financing was secured for Escalante Solar and Golden Triangle II as part of the company’s $750 million Construction Financing Facility announced in August 2023 to fund approximately 2 gigawatts of project capacity across 15 states over the next three years, the firm said.
