CIG Capital’s 5 New Utility-Scale Initiatives Usher in 2 GW of Solar

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Charles D. Carey

CIG Capital’s 5 new renewable energy initiatives will ship over 2,000 MWh of fresh energy. The initiatives are anticipated to be up and working between 2023 and 2024.

CIG Capital has partnered with Tier-1 teams for the initiatives’ EPC, O&M, engineering, tools manufacturing and power buy agreements. CIG Capital has developed a de-risked mannequin for funding which makes use of an investment-grade credit score construction for every of the person initiatives.

In Northern Texas, two 506 MW and 606 MW solar initiatives, are anticipated to generate 1,073,732 MWh and 1,280,578 MWh, respectively, of fresh energy yearly.

In South Dakota, CIG Capital is partnering with the Oglala Lakota Nation, a Sovereign Native American Tribe, on a 300 MW solar challenge. The firm is working with Standing Rock Sioux Tribe on a 320 MW solar challenge in North Dakota by their public power authority often called the Sage Development Authority. In addition, a 300 MW solar challenge, positioned in South Dakota, is predicted to generate 460,600 MWh.

CIG Capital is a challenge funding group headquartered in Orlando, Fla. CIG Capital offers funding for big initiatives, providing strategic challenge finance. CIG Capital offers 100% of their challenge’s funding wants by producing numerous elements of the capital stack construction, together with assist providers for every particular person challenge.

“CIG Capital is committed to exceeding ESG standards with each renewable energy project creating clean energy, using renewable resources; helping create sustainable revenue streams that will positively impact our neighbors, families, and tribal communities for years to come,” says Charles D. Carey, a managing accomplice at CIG Capital.

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