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Origis Energy Closes $290 Million Financing for Swift Air Solar II and III Projects with Natixis CIB and Santander
Origis Energy, one of America's leading renewable energy platforms, today announced financial close for the Swift Air Solar II and Swift Air Solar III projects in Ector County, Texas. The two projects have a combined nameplate capacity of 313 MWdc. The $290 million senior secured debt facilities include construction debt, term debt and a tax credit bridge loan from Natixis Corporate & Investment Banking (Natixis CIB) and Santander Corporate & Investment Banking (Santander).
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[{"type":"text","content":"MIAMI, Dec. 10, 2025 /PRNewswire/ -- Origis Energy, one of America's leading renewable energy platforms, today announced financial close for the Swift Air Solar II and Swift Air Solar III projects in Ector County, Texas. The two projects have a combined nameplate capacity of 313 MWdc. The $290 million senior secured debt facilities include construction debt, term debt and a tax credit bridge loan from Natixis Corporate & Investment Banking (Natixis CIB) and Santander Corporate & Investment Banking (Santander).","length":542,"tagName":"p"},{"type":"image","alt":"logo (PRNewsfoto/Origis Energy)","displaySize":"","headline":null,"caption":"logo (PRNewsfoto/Origis Energy)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":193,"url":"https://media.zenfs.com/en/prnewswire.com/2c38db1b7da050cd04b8e090c41fe382"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/durOZxwS2XR1Xbqilku_Ow--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM0MDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/2c38db1b7da050cd04b8e090c41fe382","width":400,"height":193}},"href":"https://mma.prnewswire.com/media/2171947/Origis_Energy_logo_vertical_rgb_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Natixis CIB and Santander acted as coordinating lead arrangers and bookrunners, hedging banks, and LC issuers, with Natixis CIB serving as green loan coordinator and administrative agent for the $290 million debt financing package.","length":231,"tagName":"p"},{"type":"text","content":"Swift Air Solar II and III will start commercial production in the fourth quarter of 2025. The projects will sell energy and renewable energy credits with Houston-based Occidental Power (Oxy) and its subsidiary, OLCV Stratos Development for Swift Air Solar II under two 15-year Power Purchase Agreements, to provide zero-emission solar power for the Direct Air Capture (DAC) facility, STRATOS, currently under construction in the Permian Basin. Earlier this year, Origis started commercial operation of the 184 MWdc Swift Air Solar I project, which is also contracted with Oxy.","length":577,"tagName":"p"},{"type":"text","content":"Origis is the builder, owner, and operator of Swift Air Solar II and III. The two projects are the first phase of a larger, 600 MW complex in Ector County, in West Texas, with three additi...