Origis Energy closes $750 million facility to fund solar projects

By Marisa Wong

Los Angeles, Aug. 16 – Origis Energy announced the close of a $750 million construction warehouse facility to fund large scale solar and energy storage project construction totaling roughly 2 gigawatts across 15 states over the next three years.

Wednesday’s announcement follows the March close of an upsizing amendment to the company’s $750 million development finance facility.

Santander CIB was the structuring agent, green loan coordinator and coordinating lead arranger, joined by Rabobank and Natixis CIB as coordinating lead arrangers, hedge providers and letter-of-credit issuers.

Latham and Watkins represented Origis in the transaction. Norton Rose Fulbright acted as lenders’ counsel.

Origis is majority owned by funds managed by Antin Infrastructure Partners. The renewable energy company is based in Miami.

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