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SB Energy Global Secures $2.4 Billion for 1.3GW Solar Projects, Boosting US Manufacturing and Job Growth.

SB Energy Global has secured $2.4bn to finance a 1.3GW portfolio of four US utility-scale solar projects. The projects are the first to use domestic content adder provisions in the Inflation Reduction Act to stimulate US manufacturing. The financing includes $800m in tax equity, $450m in term debt, and $1.2bn in construction debt. The project is sourcing high domestic content solar modules from Ohio and Nextracker trackers from multiple US states, including Pennsylvania, Nevada, and Tennessee, and structural steel is being sourced from Texas and Georgia. This financing signals industry leadership in clean energy deployment and US job growth.

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