Crux and Origis Energy have announced a $340 million tax equity investment for a 413 MWdc utility-scale solar project in Ector County, Texas. The project is expected to begin commercial operations in the second half of 2026. The solar facility will generate over 900GWh of energy annually, enough to power 85,000 homes, and is projected to contribute $68 million in property tax revenue to Ector County. The investment was structured by Crux Capital Securities as a hybrid partnership flip designed to optimise federal investment tax credits through transferability. Crux estimates that hybrid tax equity structures accounted for more than 75% of all tax equity investments in 2025. The deal establishes a framework for future investments as Origis Energy expands its renewable energy portfolio across Texas and the United States.

Origis Energy closes $290MM financing for Swift Air Solar II and III projects with Natixis CIB and Santander. Natixis CIB and Santander acted as coordinating lead arrangers and bookrunners, hedging banks, and LC issuers, with Natixis CIB serving as green loan coordinator and administrative agent for the $290 million debt financing package. Origis Energy, a renewable energy platforms, announced financial close for the Swift Air Solar II and Swift Air Solar III projects in Ector County, Texas. The two projects have a combined nameplate capacity of 313 MWdc. The $290 million senior secured debt facilities include construction debt, term debt and a tax credit bridge loan from Natixis Corporate & Investment Banking (Natixis CIB) and Santander Corporate & Investment Banking. Natixis CIB and Santander acted as coordinating lead arrangers and bookrunners, hedging banks and LC issuers, with Natixis CIB serving as green loan coordinator and administrative agent for the $290 million debt financing package. "We're excited to have achieved this successful financing milestone for the Swift Air Solar projects. These projects further demonstrate Origis Energy's ability to scale efficiently and mark another step toward bringing over 3 GW of long-term contracted assets into commercial operation by the end of 2026," Alice Heathcote, chief financial officer of Origis Energy, said. "A big thank you to Natixis CIB and Santander for their ongoing partnership on both these transactions and beyond." The Swift Air Solar II and III financing represents the first project financing jointly led for Origis by Natixis CIB and Santander. The parties had previously worked together on the Origis $750 million construction warehouse facility in August 2023 and an upsize of the Origis $750 million development facility in March 2023. "Natixis CIB is pleased to have supported Origis in the financing of the Swift Air II and III projects, alongside Santander. Origis, along with Antin, is an important client to Natixis CIB, and we look forward to continuing our long, collaborative and successful relationship in future transactions," Nasir Khan, head of real assets and global trade Americas at Natixis CIB, said. "Santander is proud to support Origis in financing Swift Air II and III, together with Natixis. Our longstanding relationship with Origis and Antin reflects our shared commitment to accelerating the energy transition, and we are pleased to further their continued growth," Andrew Platt, head of energy structured finance and advisory U.S. at Santander Corporate & Investment Banking, said. Latham & Watkins represented Origis Energy in the transaction, together with Reed Smith as local counsel, while Milbank represented the lenders with support from Husch Blackwell as local counsel.

Origis Energy has secured $265 million in tax equity financing from Advantage Capital to support a 305MW solar portfolio across three US projects. The funding will back Florida's 96MW Whistling Duck solar project ($65 million) and Alabama's combined 209MW Walker Springs I and II projects. Commercial operations at Whistling Duck and Walker Springs I are expected to begin this month, with Walker Springs II starting in early 2026. All three projects will use domestically sourced equipment. The deal continues a partnership between the firms, following Advantage Capital's previous $125 million commitment for Origis's 145MW Swift Air Solar project in Texas. The financing comes amid growing corporate solar investment, with corporate solar financing reaching $6.5 billion in Q3 2025, up 14% year-on-year according to Mercom Capital Group.