SUBSCRIBE
PROFILE

NorthStar Clean Energy secures $334 million for two solar projects in Michigan

NorthStar Clean Energy has secured $334 million in financing to develop two solar projects in Michigan, totaling 250 MW, aimed at powering nearly 36,000 homes annually.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

NorthStar Clean Energy has recently secured $334 million in financing for two solar projects in Michigan. The Branch Solar project, with a capacity of 200 megawatts (MW), will be located in Branch County, while the Genesee Solar project, at 50 MW, will be situated in Genesee County. Together, these facilities are expected to provide enough clean electricity to power approximately 36,000 homes annually.

Financing and Partnerships

To secure this financing, NorthStar collaborated with lead arrangers BNP Paribas, MUFG, and SMBC. Legal advisors to NorthStar included Hunton Andrews Kurth LLP, Arnold & Porter Kaye Scholer LLP, Bodman Plc, and Warner Norcross + Judd LLP. These financial and legal partnerships were crucial to ensuring the viability and success of the projects.

Impact on Local Communities

The Genesee Solar project will be developed in a historically disadvantaged community in Genesee County. This initiative aims to support local economic development and create job opportunities in the region. Meanwhile, the Branch Solar project will become NorthStar’s largest solar asset in Michigan, thereby strengthening the company’s presence in the state.

Commitment to Clean Energy

These projects align with NorthStar’s mission to scale clean energy production nationwide while making a significant local impact. By investing in these facilities, the company demonstrates its commitment to providing clean and affordable energy to its customers, contributing to a more sustainable energy future.

NorthStar’s Strategic Positioning

Founded in 1987, NorthStar Clean Energy is a wholly owned subsidiary of CMS Energy. The company owns and operates over 2,000 MW of generation capacity nationwide, including solar facilities in Michigan, Ohio, and Arkansas, wind assets in Texas and Ohio, natural gas and cogeneration facilities in Michigan, as well as biomass plants in Michigan and North Carolina. This diversification highlights NorthStar’s growth strategy and strong financial position, which continue to drive large-scale renewable energy projects across the country.

  • Popular on energynews.pro
France: RTE calls for accelerated electrification to reduce fossil fuel dependence
India cancels 6.3 GW of renewable connections, signalling regulatory shift
Citgo shifts under Elliott control for $5.9bn pending U.S. approval
Argentina signs 8-year LNG export deal with Germany
ExxonMobil shuts down steam cracker in Singapore and redirects assets to China
Mitsubishi HC Capital Energy and Ecokaku to build 10 MW of non-FIT solar per year
Mitsubishi HC Capital Energy and Ecokaku will develop 10 MW of non-subsidised solar power plants annually in Japan, targeting direct contracts with industrial buyers through long-term power purchase agreements.
NU E Power raises $1.8mn to develop solar projects and launch international studies
Canadian company NU E Power plans to fund the development of its solar projects in Lethbridge and feasibility studies in Mongolia, Malaysia, and Africa through a $1.8mn private placement.
CREC secures PHP3.975bn from BPI to complete 113MW solar project in the Philippines
Citicore Renewable Energy Corporation signed a PHP3.975bn ($71mn) project finance loan with Bank of the Philippine Islands to accelerate the completion of its 113MW solar power plant in Pangasinan province.
United States adds 11.7 GW of renewable capacity in Q3 despite uncertainty
U.S. clean energy capacity growth hits quarterly record, but industry players raise concerns over a slowing market amid regulatory instability.
Scatec begins operations at Grootfontein solar plant in South Africa
Norwegian producer Scatec launches commercial operation of its 273 MW solar plant in Western Cape under a 20-year power purchase agreement.
Scatec sells 40% of Obelisk solar project in Egypt to Norfund and EDF
Scatec has signed two shareholder agreements for its 1.1GW hybrid project in Egypt, reducing its economic interest while retaining operational control.
Solarwatt France takes legal action after the collapse of the residential solar market
The French subsidiary of Solarwatt has filed for court-ordered restructuring, hit by reduced public subsidies and a downturn in the residential solar segment.
Promigas acquires 3.5 GW of solar assets from Zelestra in Latin America
Zelestra sells its Latin American platform to Promigas, including 1.4 GW of operational or under-construction assets and 2.1 GW of advanced-stage projects in Chile, Peru and Colombia.
143 US solar companies call for end to federal permitting freeze
Over 140 solar sector companies have urged Congress to lift a directive from the Department of the Interior blocking permit approvals, putting hundreds of energy projects in the United States at risk.
GreenYellow et PTP Ibérica lancent un terminal logistique énergétique majeur à Cadiz
Un terminal portuaire en Espagne alliera réfrigération industrielle haute performance et production solaire pour optimiser les coûts énergétiques et les capacités logistiques de PTP Ibérica, avec un démarrage prévu d’ici mi-2026.
Japan Semiconductor signs power purchase agreement for 7.8MW floating solar plant
Toshiba’s subsidiary commits to acquiring non-fossil certificates from a floating solar power plant operated by OTS in Japan, under a virtual power purchase agreement coordinated by Digital Grid.
Terra-Gen secures $383.3mn for Lockhart III & IV solar project in California
Terra-Gen has closed $383.3mn in financing for the construction of its Lockhart III and IV solar units, adding 205 MW to California’s grid with commercial operations expected in 2026.
Ecoplexus secures $300mn financing to accelerate US solar projects
US developer Ecoplexus has closed a $300mn financing deal with KKR and SMBC to support over 13GW of solar and storage projects under development across the country.
EDP signs PPA with Carrefour for 50 GWh of energy in Poland
EDP will supply 30% of Carrefour Polska’s energy needs through a PPA combining solar and wind, marking a step forward in the development of renewable capacity in Poland.
France grants €39mn loan for ten solar power plants in Mauritania
French public funding will support the construction of ten solar power plants with storage in Mauritania, as the country works to expand its grid to reach universal electricity access by 2030.
Recurrent Energy secures approval for 1.3 GW solar and battery project in the UK
Recurrent Energy has received authorisation to develop Tillbridge, a hybrid 1.3 GW solar and battery project in England, strengthening its expansion strategy in the UK market.
Le Koweït lance un appel d’offres pour un projet solaire de 500 MW
Le Koweït a publié une demande de propositions pour la construction d'une centrale solaire de 500 MW, dont l’électricité sera injectée dans le réseau national sur la base d’un contrat de rachat de 30 ans.
Mori Building completes three hybrid solar plants through PPA structured with TEPCO
Mori Building has completed three solar-plus-storage plants in Japan to supply its real estate assets through an intra-group partnership structured by TEPCO Energy Partner.
OCCTO awards 75.4MWAC to 27 solar projects in undersubscribed auction
Japanese grid operator OCCTO allocated 75.4MWAC in its third solar auction for FY2025, with an average feed-in-premium price of 7.13 yen per kWh, marking a session that fell short of initial subscription targets.
Octillion completes solar rollout at battery plant in Pune
Octillion has fully converted its electric vehicle battery production facility in Pune to solar power, initiating the rollout of an energy strategy aimed at achieving energy autonomy for all its India-based operations by 2027.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.