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Origis closes $344 million project facility that converts to term loan
By Marisa Wong
Los Angeles, Dec. 20 – Origis Energy announced it closed a $344 million construction financing facility and conversion to term loan with MUFG, according to a press release.
The facility will be used for the company’s Golden Triangle I solar plus battery energy storage project in Lowndes County, Miss.
Once construction is finished, the financing will be converted to a long-term instrument covering the 25-year or longer operational life of the project.
Origis is majority owned by funds managed by Antin Infrastructure Partners. The renewable energy company is based in Miami.
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