Origis Energy Closes $545 Million Financing for Three West Texas Solar Projects

Overview

• Origis completed an approximately $545 million senior secured financing to build three utility‑scale projects in Ector County, Texas.
• The latest release names Natixis Corporate & Investment Banking and Santander as joint underwriters and coordinating lead arrangers, with Natixis as administrative agent and U.S. Bank as collateral agent.
• The credit package comprises construction and term loans, a tax‑credit bridge, and letter‑of‑credit facilities to support construction and operations.
• Commercial operations are targeted in 2026, with the company citing summer 2026 in the most recent announcement.
• Reported project size varies across coverage, with the newest report citing about 413 MW of solar capacity and earlier reporting describing a solar‑plus‑storage portfolio; legal counsel in the latest release lists Latham & Watkins for Origis and Milbank for the lenders.