Deals Counterparts

Sol Systems reaches financial close on 144 MWac Blossom Solar Project in Ohio and 180 MWac Nightfall Solar Project in Texas

Financing Solar announced United States Mar 9, 2026
USD634M
Deal Value
324 MW
Capacity

Sol Systems secured $634 million in financing for the 144 MWac Blossom Solar Project in Ohio and the 180 MWac Nightfall Solar Project in Texas.

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Counterparts (8)

Lender
BBVA
company · 1 deals
BBVA is a global financial services group that supports companies in their development, offering accessible solutions and expert advice. They are involved in sustainable business and cleantech initiatives, aiming to promote a clean technologies ecosystem.
NAB
company
National Australia Bank (NAB) is one of Australia's largest financial institutions, providing extensive banking and financial services. It is a leading lender and financial advisor for major infrastructure and energy transition projects across Australia and globally, with total assets exceeding AUD 1 trillion.
Intesa Sanpaolo
company
Intesa Sanpaolo is a leading Italian banking group with a significant presence in infrastructure finance and advisory services, primarily through its IMI Corporate & Investment Banking Division. It provides a wide range of financial solutions, including project finance, M&A advisory, and debt capital markets, supporting projects across various infrastructure sectors globally, with a strong focus on Italy and Europe.
Natixis CIB
company
Natixis CIB is the corporate and investment banking arm of Natixis, a French financial institution. It provides structured finance, M&A advisory, and capital markets services globally, with a strong focus on energy transition, transport, and digital infrastructure projects.
ING Capital LLC
company · 1 deals
ING is a global bank with a strong European base, offering retail and wholesale banking services. They provide specialized lending, corporate finance, debt and equity market solutions, sustainable finance solutions, payments, cash management, and trade and treasury services.
NatWest
company · 4 deals
NatWest provides banking and financial services to personal, business, and corporate customers. They offer financing solutions, including project finance and specialist asset finance, and are involved in sustainable finance initiatives.

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Deal Analysis

Sol Systems secured $634 million in financing for its 144 MWac Blossom Solar Project in Ohio and 180 MWac Nightfall Solar Project in Texas. This financing, announced 2026-03-09, involves six lenders (BBVA, NAB, Intesa Sanpaolo, Natixis CIB, ING Capital LLC, NatWest) and Raymond James Renewable Energy Investments as an investor. The deal totals 324 MWac of U.S. solar capacity.
  • Sol Systems secured $634 million financing.
  • 324 MWac total solar capacity (144 MWac Ohio, 180 MWac Texas).
  • Six lenders: BBVA, NAB, Intesa Sanpaolo, Natixis CIB, ING Capital LLC, NatWest.
  • Raymond James Renewable Energy Investments acted as investor.

Timeline

Announced
Mar 9, 2026
Signed
Closed

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