Avantus, Aratina 2 güneş enerjisi depolama projesi için 300 milyon $ vergi özsermayesi sağladı

Avantus secures $300m in tax equity for Aratina 2 solar storage project

Anwesha Pattanaik

Tue, August 25, 2026 at 1:54 PM GMT+3 2 min read

US-based energy company Avantus has obtained a $300m tax equity commitment from Truist Bank to support the development of the Aratina 2 solar and battery storage project in Kern County, California.

The new funding follows more than $525m in construction financing the company secured for the project in the previous month from CIBC, BBVA and Santander.

The tax equity investment marks the latest stage of financing for Aratina 2, which is currently under construction and scheduled to begin operations by the end of 2026.

The project has an installed capacity of 150MW of solar generation and 452MW-hours (MWh) of battery storage, and will serve the California grid. It will deliver enough electricity to power nearly 75,000 homes each year.

Avantus entered into 15-year power purchase agreements with Southern California Edison for the output from Aratina 2.

Truist Bank Tax Equity head Chris Nygren said: "Truist is pleased to finalise this second tax equity investment with Avantus and provide Aratina 2 with this important financing.

"Building on the foundation we established with Aratina 1, this transaction deepens a partnership rooted in our shared goals of building sustainable infrastructure that creates economic and environmental value for the region and beyond."

Aratina 2 is expected to create more than 300 union construction jobs and will generate permanent operations and maintenance roles during its operational life.

The project forms the second phase of the Aratina Solar Center, with the first phase, Aratina 1, achieving commercial operations last month.

Combined, the Aratina Solar Center phases will produce 350MW of solar power and 952MWh of storage capacity.

Avantus, which operates as an independent power producer, plans to maintain a controlling interest in both Aratina 1 and Aratina 2.

The company aims to add 788MW of new solar and storage capacity by the end of 2026, with an additional 800MW currently under construction. Its development pipeline includes more than 24GW of solar and storage projects.

White & Case advised Avantus on legal matters for the transaction, while Milbank acted as legal counsel for Truist Bank.

"Avantus secures $300m in tax equity for Aratina 2 solar storage project" was originally created and published by Energy Monitor, a GlobalData owned brand.