Zelestra has secured a $113 million project financing credit facility for its 81 MWdc Jasper County Solar Project in Jasper County, Indiana. The project already has a long-term environmental attributes purchase agreement (EAPA) with Meta.
The project is expected to be fully operational in the fourth quarter of 2025. Furthermore, Banco Santander was the sole arranger of the facility. The company has a project pipeline of nearly 7 GW consisting of solar and BESS projects in US.
In March 2025, Zelestra and Abastible inked a long-term PPA for the sale of electricity from 100 per cent renewable sources. Under this agreement, the companies will utilise a tailor-made energy solution that consists of a 220 MWdc solar PV plant and a 1 GWh battery energy storage system.
