Avantus has closed a $300 million tax equity commitment from Truist Bank for the Aratina 2 project located in Kern County, California. The financing supplements more than $525 million in construction financing secured from BBVA, […]
Avantus has signed a 20-year power purchase agreement (PPA) with Clean Power Alliance (CPA) for the Rexford 2 solar and battery energy storage system (BESS) project. The project is located in Tulare County, California. It […]
Avantus has secured approximately $525 million in financing for the Aratina 2 solar and battery energy storage (BESS) project located in Kern County, California. The project financing was provided by BBVA, CIBC, and Santander. The […]
Avantus has closed a $300 million tax equity investment from Truist Bank for the Aratina 1 utility-scale solar and storage project located in Kern County, California. The transaction supports the development of the project as […]
Avantus has announced the sale of the Catclaw Solar and Energy Storage Project to D.E. Shaw Renewable Investments (DESRI). Located in Buckeye, Arizona, the Catclaw project includes up to 225 MWac of solar power and […]
Avantus and Toyota Tsusho America (TAI) have officially commenced construction on the 159 MWdc/125 MWac Norton Solar Project located in Runnels County, Texas. This follows Avantus’ sale of the Norton project to TAI in November […]
KKR announced the purchase of a majority equity stake in Avantus through investment funds and accounts managed by KKR. Avantus has secured a $522 million development facility by KKR Capital Markets and Sumitomo Mitsui Banking […]
KKR, a prominent global investment firm, has announced the signing of a definitive agreement to acquire a majority stake in Avantus, a premier developer of large utility-scale solar and solar-plus-storage projects in the United States. […]
US-based Avantus announced that it has sold its ‘Big Rock I’ energy storage project in California to Gore Street Energy Storage Fund (GSF). The proceeds from the sale are not disclosed yet. The 200 MW […]
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