Monarch Private Capital and Invenergy have announced the completion of nearly $170 million in tax equity financing for the Samson Solar Energy Center II in Lamar County, Texas. Developed by Invenergy, the project will deliver major economic benefits, and over $27 million in taxes and contributions to the county and local schools over its lifespan.
The Samson Solar Energy Center II, a 200 MW solar facility, is reportedly set to begin operations later in 2024. Furthermore, the project is part of Invenergy’s larger 1,310 MW Samson Solar Energy Center, the largest of its kind in Texas.
In July 2024, Invenergy and Patria Investments acquired a 600 MW Brazil wind portfolio from ContourGlobal and Eletrobras. Invenergy will own a 10 per cent ownership stake in the portfolio, while the remaining will be held by Patria Investments.
