Origis Energy has secured a tax equity commitment from J.P. Morgan for the Golden Triangle I Solar + Storage project in Lowndes County, Miss., with initial funding made alongside the commitment.
The agreement funds the completion of Golden Triangle I, a 200 MW solar project with 50 MW of battery storage under a PPA with the Tennessee Valley Authority (TVA), to deliver clean energy and grid resiliency at competitive rates.
“The team at Origis Energy is focused on delivering high-quality projects for TVA, and our other customers. Golden Triangle I is an excellent example of that focus, and we appreciate J.P. Morgan’s support on it,” says Vikas Anand, CEO of Origis Energy.
Golden Triangle I is one of four Origis projects in Mississippi for TVA, with a total capacity of 750 MW and 350 MW of battery storage. The tax equity agreement leverages the Investment Tax Credit incentives of the Inflation Reduction Act.
Latham & Watkins represented Origis Energy in the transaction. Hunton Andrews Kurth acted as J.P. Morgan’s counsel.
