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Cypress Creek Launches 208MW Solar-Plus-Storage Plant in Texas, Secures $216 Million Financing from Norddeutsche Landesbank.

Cypress Creek Renewables has brought online a 208MW solar-plus-storage plant in Texas. Financing for the project was provided by German commercial bank Norddeutsche Landesbank Girozentrale, with Cypress Creek securing US$216 million in financing. The IPP, which has been developing renewable projects in Texas since 2014, was acquired by private equity firm EQT Partners in 2021 and has a pipeline of 6GW between 24 projects in construction or development. A recent report from Lawrence Berkeley National Laboratory stated that Texas was the US state with the most solar PV capacity in its interconnection queue as of the end of 2023.

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