From: Mercom Capital Group

Treaty Oak Clean Energy, an independent renewable energy power producer, announced financial closure and commenced construction on two solar projects in Louisiana, the Beekman Solar Project in Morehouse Parish and the Hollis Creek Solar Project in Sabine Parish. Both projects have a total capacity of 385 MW. The Beekman Solar Project closed financing on November 20, 2025, while the Hollis Creek Solar Project closed on December 19, 2025. Both projects are expected to begin commercial operations in the first half of 2027.

Anesco, a U.K.-based renewable energy developer, announced the acquisition of the 36 MW Beachampton solar project from One Planet Developments, a large-scale solar and battery storage project developer. The project was developed by One Planet Developments in partnership with Viridi Re Development, Solar Ambition Europe, and the landowner Kingwell. The project has already secured planning permission from Buckinghamshire Council on January 12, 2024, and is due to connect to National Grid Electricity Distribution in early 2027.

Altus Power, an independent developer, owner, and operator of commercial-scale solar projects, announced the acquisition of a 12 MW solar project portfolio from Hecate Energy, a renewable energy project developer. The solar projects are already operational and are located across Florida, Georgia, Maryland, and Rhode Island, supporting a broad range of enterprise and utility off-takers.

Adapture Renewables, a utility-scale solar and energy storage project developer, announced the closing of $233 million in tax equity financing commitments. The financing was secured from U.S. Bank to develop two solar projects within its Titanium portfolio in Illinois and Arkansas. Construction of the Titanium solar projects began in September 2024, and the first projects are expected to reach commercial operation in 2026. Once operational, the portfolio is expected to generate enough electricity to power more than 71,000 homes annually.

Zelestra, a renewable energy project developer, secured €13 million (~$15.16 million) senior debt green financing for the development of two solar projects in Italy. The financing package was arranged with BPER, an Italian lender that is also acting as Hedging and Agent Bank. The funding will be used for the development of two solar projects in Italy, the 6.5 MW Ginosa project in Puglia and the 9.5 MW Bellomo project in Sicily.

Exus Renewables North America, an independent owner, developer, and operator of utility-scale renewable energy projects, announced the closing of a $400 million senior secured corporate credit facility. The funding will be used to develop and expand the company’s wind, solar, and battery portfolio, comprising more than 700 MW of renewable assets in operation or under construction and 4.5 GW in active development, as electricity demand from data centers, manufacturers, and industrial facilities across the U.S. rises.

Click here for reports and trackers on funding and M&A transactions in solar, energy storage, and smart grid sectors.

Read last week’s project finance brief.