Sabanci Renewables Secures $137 Million Financing for Oriana Solar Project
The project is expected to begin commercial operations in Spring 2025
October 7, 2024
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Sabanci Renewables, a North American subsidiary of Turkish conglomerate Sabanci Holdings, announced the closing of $137 million in tax equity financing for its 232 MW Oriana Solar Project, located approximately 120 miles southeast of San Antonio in Victoria County, Texas. Advantage Capital, an investment firm, provided funding for the utility-scale solar project currently under construction.
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