From Yahoo Finance: 2025-04-25 11:26:00

Zelestra secures $113m financing for 81MW Jasper County solar plant in Indiana, with Banco Santander as sole arranger. Project expected to be operational by Q4 2025, part of Zelestra’s 7GW US solar and battery energy storage system pipeline.

Financing deemed ‘green’ under Zelestra’s Green Financing Framework, validated by DNV with BNP Paribas support. Jasper County solar plant secures long-term environmental attributes purchase agreement with Meta, ensuring steady revenue stream upon completion.

Zelestra US CFO Sybil Milo Cioffi hails financing as a milestone, expressing confidence in strategy. EAPA with Meta and other partnerships in the US highlight Zelestra’s commitment to expanding presence and delivering major projects in the country.

Zelestra, backed by Swedish private equity firm EQT, specializes in large-scale renewable energy projects globally. Portfolio includes 29GW of carbon-free projects in 13 countries, with 5GW contracted and in various stages of development.

Zelestra recently expanded portfolio with 500MW hybrid project in Solapur, Maharashtra, combining solar, wind power, and BESS. The firm continues to focus on developing, constructing, and operating renewable energy projects worldwide, with a strong emphasis on sustainability.

Read more: Zelestra finalises $113m credit facility for Indiana solar project