Cypress Creek Renewables secures financing for Hanson Solar project in Texas
Type: Financing · Technology: Solar · Country: United States · Capacity: 505 MW · Announced: 2025-11-20
Cypress Creek Renewables reached financial close and began construction on the 505 MW Hanson Solar project in Coleman County, Texas, backed by debt facilities from MUFG Bank and Sumitomo Mitsui Banking Corporation and a preferred equity commitment from funds managed by a global credit asset manager, to supply renewable energy to Meta under a previously signed PPA.
Counterparties
- Funds managed by a global credit asset manager (US$350 billion AUM) (Investor)
- Meta Platforms, Inc (Offtaker)
- Cypress Creek Renewables, LLC (Developer)
- MUFG Bank, Ltd (Lender)
- Sumitomo Mitsui Banking Corporation (Lender)
📈 The Sherpa Signal — one notable infrastructure deal a day.
📘 Sherpa Guides — practitioner guides to developing, financing and acquiring infrastructure.