Origis Energy commissions 500MWdc Swift Air Solar complex
By Global Infrastructure Sherpa · Feb 20, 2026
Swift Air Solar complex
Project
Origis Energy has fully commissioned the 500MWdc Swift Air Solar complex in Ector County, West Texas. The three-phased project represents an investment exceeding $650 million. The solar power facilities will support Occidental's operations, including the STRATOS Direct Air Capture facility. Natixis Corporate & Investment Banking acted as the lead arranger for the construction and term debt financing, while Advantage Capital provided tax equity.
Deal Analysis
Origis Energy's commissioning of the 500MWdc Swift Air Solar complex in West Texas represents a significant investment exceeding $650 million in renewable energy infrastructure. The project, financed by Natixis Corporate & Investment Banking and Advantage Capital, will supply solar power to Occidental's operations, notably including their STRATOS Direct Air Capture facility. This highlights the increasing trend of large-scale renewable energy projects directly supporting industrial decarbonization efforts. The involvement of multiple suppliers, including Sungrow, Array Technologies, and Boviet, underscores the complexity and scale of modern solar power developments.
The Swift Air Solar complex demonstrates the growing synergy between the energy and technology sectors, with Occidental leveraging solar power to reduce the carbon footprint of its operations. Origis Energy's role as the developer, coupled with Occidental's commitment as the offtaker, showcases a vertically integrated approach to renewable energy adoption. This project serves as a model for future collaborations between renewable energy developers and industrial consumers seeking to achieve sustainability goals. The project's location in Texas, a state with abundant solar resources, further emphasizes the strategic importance of renewable energy development in key energy markets.
- 500MWdc solar project represents a $650+ million investment.
- Supports Occidental's operations, including the STRATOS Direct Air Capture facility.
- Financed by Natixis Corporate & Investment Banking and Advantage Capital.
- Involves key players like Origis Energy, Occidental, and multiple technology suppliers (Sungrow, Array Technologies, Boviet).
Market Context: The solar PV market is experiencing rapid growth, driven by decreasing costs, increasing demand for clean energy, and supportive government policies. Texas, with its abundant solar resources, is a key market for solar energy development.
Source Intelligence
KEY DETAILS
The final phase of the Swift Air Solar complex was completed in late 2025. "The final phase of the Swift Air Solar complex was completed in late 2025."
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Deal Size
The entire project represents an investment exceeding $650m in Ector County and the broader West Texas region.
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Capacity
Origis Energy has announced that the 500MW-direct current (MWdc) three-phased Swift Air Solar complex in Texas, US, is fully commissioned and operational.
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Location
Origis Energy has announced that the 500MW-direct current (MWdc) three-phased Swift Air Solar complex in Texas, US, is fully commissioned and operational.
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Financials
Natixis Corporate & Investment Banking acted as the sole coordinating lead arranger, hedging bank, green loan coordinator, LC issuer, and administrative agent for the construction and term debt financing, totalling $290m.
Advantage Capital offered $125m in the form of tax equity for the solar and battery energy storage system project.
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Announcement
Origis Energy has announced that the 500MW-direct current (MWdc) three-phased Swift Air Solar complex in Texas, US, is fully commissioned and operational.
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COD
Origis Energy has announced that the 500MW-direct current (MWdc) three-phased Swift Air Solar complex in Texas, US, is fully commissioned and operational.
PARTIES MENTIONED IN SOURCE
O
Origis Energy
developer
"US-based Origis Energy has announced that the 500MW-direct current (MWdc) three-phased Swift Air Solar complex in Texas, US, is fully commissioned and operational."
O
Occidental
buyer
"The three solar power facilities will provide support to oil and gas company Occidental’s operations in West Texas, including the STRATOS Direct Air Capture facility."
N
Natixis Corporate & Investment Banking
lender
"Natixis Corporate & Investment Banking acted as the sole coordinating lead arranger, hedging bank, green loan coordinator, LC issuer, and administrative agent for the construction and term debt financing, totalling $290m."
A
Advantage Capital
investor
"Advantage Capital offered $125m in the form of tax equity for the solar and battery energy storage system project."
P
Primoris Renewable Energy
construction
"Primoris Renewable Energy was engaged to provide construction services."
A
Array Technologies
supplier
"Array Technologies supplied solar tracking systems and solutions"
B
Boviet
supplier
"Boviet delivered the photovoltaic modules for the project."
S
Sungrow
supplier
"The project uses Sungrow’s inverters."
high quality
Enriched Feb 20, 2026
Market Context
This deal is part of the Solar, Storage, Solar Pv sector in US.
1 of 499 Solar deals tracked this month · Updated daily