Deals Counterparts

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

Financing Solar announced United States Mar 30, 2026
$600M
Deal Value
440 MW
Capacity

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.

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Timeline

Announced
Mar 30, 2026
Signed
Closed

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