Origis Energy Secures $900 Million Credit Facility for Solar Expansion

The financing package consists of $650 million in funded credit and a $250 million letter of credit facility. This infusion of capital is earmarked for the advancement of Origis' broader 20-gigawatt development pipeline, which aims to address surging electricity needs driven by AI innovation and industrial electrification. First Citizens Bank, ING Capital, Natixis, and Santander acted as joint bookrunners, while EIG served as the sole purchaser of notes issued during the transaction.

Alice Heathcote, Chief Financial Officer at Origis Energy, described the deal as a defining moment in the company’s evolution from a developer into a full-scale owner-operator. Over the past two years, the firm has quadrupled its operating capacity, a trajectory that drew significant backing from the participating lender group. By aligning this new debt capital with current project requirements, Origis intends to solidify its position as a primary provider of utility-scale energy solutions in a competitive market.