Origis Energy Closes $71 Million Tax Equity Financing with U.S. Bancorp Impact Finance for Rice Creek Solar in Florida
Summary
The tax equity supports providing nearly 75 megawatts in solar capacity for the Florida Municipal Power AgencyMIAMI, Aug. 7, 2024 /PRNewswire/ -- Origis Energy, one of Americas leading renewable energy and decarbonization solution platforms, today announced the close of $71 million in tax equity financing with U.S. Bank subsidiary U.S. Bancorp Impact Finance, one of the most active renewable energy investors in the nation, for Rice Creek Solar in Florida.Rice Creek Solar is a nearly 75 MWac project in Putnam County, FL., contracted with the Florida Municipal Power Agency (FMPA) for 12 of their participating member municipal utilities."U.S. Banks expertise and commitment to the renewable energy market is helping us realize our large solar portfolio. "We applaud FMPA for adding more cost-effective energy resources to meet the growing electricity demand of millions of Floridians, and U.S. Bank for supporting the project. Completion of the project is imminent.For more on Rice Creek Solar, visit https://origisenergy.com/project/rice-creek.About Origis EnergyOrigis Energy is accelerating the transition to a carbon-free future by Reimagining ZeroSM. As one of Americas leading renewable energy and decarbonization solution platforms, the company continues to expand and reimagine its contribution to the worlds net-zero goals.