rPlus Energies Secures Approximately $100 Million in Tax Equity Financing with Truist Bank for Pleasant Valley Solar 2

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rPlus Energies closed about $100 million in tax equity financing with Truist Bank for its Pleasant Valley Solar 2 project in Idaho. The 125 MWac solar facility represents more than $175 million of investment in the state and will supply power to Idaho Power's grid. The project also supports Meta's energy commitments tied to its data center in Kuna and is expected to create about 200 jobs during construction. rPlus Energies says the financing adds to more than $600 million in 2025 tax equity commitments across its renewable energy portfolio.

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