Crux closes financing for 240 MW solar project in Ohio

Crux has closed a $215 million tax equity investment for the Pleasant Prairie Solar Energy Center. The project features a 240 MW utility-scale solar project located in Franklin County, Ohio. The project is developed and owned by Invenergy. The project, currently under construction, is expected to commence operations in 2027.

In July 2026, Crux closed a tax equity financing for Linea Energy’s 172 MWdc Watertown solar project located in Sanilac County, Michigan. The Crux investment completes the project’s financing, bringing the total capital raised to $457 million, including a previously announced $299 million debt package by Santander Corporate & Investment Banking, Société Générale, S.A., Norddeutsche Landesbank Girozentralecon, and Truist Bank. 

In May 2026, Crux closed a debt financing facility with Nuveen Energy Infrastructure Credit (EIC).The debt facility is for $500 million. The facility will finance tax-driven investments, including hybrid tax equity, to accelerate clean energy deployment in the US.