Enlight secures finance for 403MW Country Acres solar-plus-storage project

By April Bonner
Facebook
Twitter
LinkedIn
Reddit
Email
Enlight Renewable Energy's Apex Solar project in the US.
Enlight expects to commission the Country Acres solar-plus-storage project in the second half of 2026. Image: Enlight Renewable Energy.

Independent power producer (IPP) Enlight Renewable Energy has secured a US$773 million in debt financing for its Country Acres solar-plus-storage in the US state of California.

Country Acres will have 403MW of solar PV combined with 688MWh of energy storage capacity and is expected operational in the second half of 2026.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The debt financing package consists of US$776 million of construction loans.

Enlight, through its subsidiary Clēnera Holdings, secured construction financing commitments with a consortium of four banks, including BNP Paribas Securities Corp, Crédit Agricole, Natixis Corporate & Investment Banking, and Norddeutsche Landesbank Girozentrale (Nord/LB).

Once the project is operational, the construction loan is expected to convert into a US$376 million term loan.

Enlight has been working on a string of projects. In December 2024, the company secured a US$550 million financing for the 290MWdc/940MWh solar-plus-storage Roadrunner project near Tucson, Arizona.

The company is also working on the 600MW/1,900MWh Snowflake project and the 1,211MW/824MWh CO Bar project, both located in Arizona.

Enlight also has plans to construct the 128MWdc/400MWh Quail Ranch project in New Mexico, US. The company says its US revenue base is expected to reach US$195-207 million annually after the projects are completed.

Read the full version of this story on our sister site, Energy-Storage.news.

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
21 October 2025
New York, USA
Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

September 5, 2025
US solar tracker manufacturer Nextracker has launched a new electrical balance of systems (eBOS) trunk connector.
September 5, 2025
During a week of major US clean energy developments, ContourGlobal, PSE, Arevon, and Ameren Missouri advanced solar projects across four states in the US.
September 5, 2025
Newly formed firm Solaris Assets has acquired the business operations and assets of Texas-based residential solar installer Sunnova.
September 5, 2025
US solar tracker manufacturer Array Technologies has announced that two of its tracking systems are compatible with 2,000V solar systems.
September 4, 2025
Fraunhofer ISE has completed testing work of grid-forming inverters currently available in the energy industry.
September 4, 2025
Gavin Newsom has signed an executive order to accelerate the permitting of energy generation projects that could be set to lose IRA support.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines