Business
BayWa r.e. Secures $416M Funding for JVR Energy Park, Expected to Be Operational in Fall 2026
BayWa r.e. has closed financing for the Jacumba Valley Ranch (JVR) Energy Park, which includes 90 MWac/127 MWdc of solar and 70 MWac/280 MWh of battery storage in Southeastern San Diego County. Once operational in 2026, the facility will supply reliable electricity to approximately 57,000 homes through San Diego Community Power (SDCP).
About this update from Baywa Ag
[{"type":"text","content":"JVR Energy Park will help power 57,000 homes in San Diego County with 125 MW of solar and 70 MW of battery storage.","length":115,"tagName":"p"},{"type":"text","content":"CARLSBAD, Calif., Dec. 9, 2025 /PRNewswire/ -- BayWa r.e. has closed financing for the Jacumba Valley Ranch (JVR) Energy Park, which includes 90 MWac/127 MWdc of solar and 70 MWac/280 MWh of battery storage in Southeastern San Diego County. Once operational in 2026, the facility will supply reliable electricity to approximately 57,000 homes through San Diego Community Power (SDCP).","length":384,"tagName":"p"},{"type":"image","alt":"BayWa r.e. renewable energy Logo (PRNewsfoto/BayWa r.e. renewable energy GmbH)","displaySize":"","headline":null,"caption":"BayWa r.e. renewable energy Logo (PRNewsfoto/BayWa r.e. renewable energy GmbH)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":152,"url":"https://media.zenfs.com/en/prnewswire.com/fd48db8a5b9dde73b555ca4247b6fc46"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Sy3HErIl_lTRQQVShA_dJg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI2ODtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/fd48db8a5b9dde73b555ca4247b6fc46","width":400,"height":152}},"href":"https://mma.prnewswire.com/media/752091/BayWaRE_renewable_energy_RGB_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Construction is now underway following the project's recent groundbreaking, marking the issuance of full notice to proceed under the construction agreement for one of the region's most significant renewable energy infrastructure investments. Over its lifetime, JVR is expected to avoid approximately 500,000 metric tons of CO₂, while its battery system enhances grid stability with dispatchable capacity.","length":412,"tagName":"p"},{"type":"text","content":""Today, BayWa r.e. Americas celebrates the result of years of collaboration with our partners and stakeholders. Our team, local officials, permitting and financing partners, and our EPC and construction teams shared a clear goal: deliver a reliable, cost-efficient energy project that adds new capacity to the grid and creates lasting value for San Diego County," said Geoff Fallon, Interim CEO and COO of BayWa r.e. Americas. "Breaking ground on JVR Energy Park reflects that shared effort, and we're deeply grateful ...