Zelestra secures $600M green financing for 440 MW Texas solar portfolio backed by Meta PPAs

Type: Financing · Technology: Solar · Country: United States · Capacity: 440 MW · Value: $ 600M · Announced: 2026-03-30

Zelestra has closed a $600 million green project finance facility via Société Générale and HSBC for two solar projects in Texas: Echols Grove (252 MW) and Cedar Range (187 MW). Both are backed by long-term PPAs with Meta and under construction by McCarthy Building Companies as EPC contractor. Zelestra and Meta now have 7 PPAs totaling nearly 1.2 GW.

Counterparties

Source article