Project Finance Brief: Zelestra Secures $113 Million for 81 MW Solar Project

Standard Solar acquires 39 MW community solar portfolio

April 30, 2025

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Zelestra, a renewable energy project developer, secured a $113 million project financing credit facility for the 81 MW Jasper County solar project in Jasper County, Indiana. Banco Santander acted as the sole arranger of the Facility. The project has long-term environmental attributes purchase agreement with Meta and is expected to be fully operational in Q4 2025.

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