CIG Capital is developing over 2GW of solar projects across the US.
CIG Capital, which provides project financing for large infrastructure projects, has partnered with tier one players for the projects’ EPC, O&M, engineering, equipment manufacturing and power purchase agreements.
The five solar projects are expected to be up and running between 2023 and 2024.
They comprise of two projects in northern Texas, 506MW and 606MW each, a 300MW project located in South Dakota in partnership with the Oglala Lakota Nation, and a separate 300MW project in the same state, plus a 320MW project located in North Dakota.
CIG Capital has developed a de-risked model for solar plant funding which uses an investment-grade credit structure for each of the individual projects.