NorthStar Clean Energy secures tax equity financing for 241 MW Branch and Genesee Solar projects in Michigan

NorthStar Clean Energy has secured crucial tax equity financing and tax credit sale transactions for its 241 MW solar portfolio in Michigan, comprising the 200 MW Branch Solar and 41 MW Genesee Solar projects. Advised by Marathon Capital, an independent investment bank focused on the clean economy, this financing mechanism is vital for advancing utility-scale renewable energy developments, enabling developers to monetize federal incentives and attract necessary capital. Announced on 2026-03-04, this deal is notable for its substantial combined capacity of 241 MW, representing a significant investment in solar generation within the US. The transaction underscores the increasing sophistication required in financing large-scale clean energy projects, with specialized advisory playing a key role. The broader US solar sector heavily relies on such tax equity and credit sale structures to bridge funding gaps and accelerate project deployment, exemplifying the ongoing trend of leveraging innovative financial instruments to drive the energy transition and expand clean energy infrastructure across the nation.