Overview
- The JVR Energy Park pairs 90 MWac/127 MWdc of solar with 70 MWac/280 MWh of storage, targeting commercial operation in fall 2026.
- Financing includes a construction-to-term loan led by Société Générale and preferred equity from funds managed by Wafra Inc. and Acadia Infrastructure Capital.
- Once online, the facility is expected to serve roughly 57,000 homes through San Diego Community Power.
- Project labor agreements are set to deliver more than 350 union construction jobs, with long-term roles and property tax revenue supporting local services.
- BayWa r.e. committed $4 million in direct community investment, designated five acres for a new Jacumba fire station, set a 435-acre biological open-space easement, and executed a tax credit transfer agreement with a large corporate buyer.