Longroad Energy has achieved financial close and started construction of the 1000 Mile Solar project in Yoakum County, Texas. The financing structure includes tax equity commitment from Morgan Stanley Renewables Inc. and debt financing from Societe Generale and CIBC, with further participation from ANZ, Barclays, and Key Bank.
The project will have a capacity of 400 MWdc, and is scheduled to begin commercial operations in 2026. SOLV is serving as the engineering, procurement, and construction (EPC) contractor for the project. Long-term operations and maintenance (O&M) will be undertaken by Longroad Energy Services, with additional O&M support from Northstar Energy Management, LLC.
Furthermore, the project will be equipped with First Solar’s Series 7 modules, and Nextracker’s smart tracker systems with a 75-degree stow capability. A long-term offtake agreement was finalised in late 2024 for the entire output of the project through an Environmental Attributes Purchase Agreement. Power generated from the project will be delivered into the Southwest Power Pool (SPP) grid, helping Meta support its data center operations with clean energy.
