Overview
- Aratina 1 began commercial operations on July 20, 2026 and is delivering 200 MW of solar generation paired with 500 MWh of battery storage to the California grid.
- The full output of the facility is contracted under long‑term power purchase agreements with Central Coast Community Energy and Silicon Valley Clean Energy to serve more than 105,000 homes.
- Financing for Aratina 1 included more than $500 million in debt from a lender consortium led by Sumitomo Mitsui Banking Corp., Truist Securities, ING Capital, and Mizuho plus a $300 million tax‑equity commitment from Truist Bank.
- Avantus will retain a controlling stake and operate Aratina 1 as it expands from project developer into an independent power producer, and Aratina 2 next door has closed over $525 million in financing and is under construction for commercial operation later in 2026.
- The site created about 500 peak construction jobs and launched the Boron Community Partnership Panel to guide local investments, and the combined Aratina Solar Center will total 350 MW of solar and 952 MWh of storage when both phases are online which will supply more dispatchable clean power to support grid reliability.