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

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.

Ecopetrol has finalised the acquisition of solar assets in Colombia from Statkraft for $157.5mn, adding more than 0.6 GW of installed capacity to its energy portfolio.
The Kuwaiti government has invited six international consortia to submit bids for a new 500-megawatt solar project under phase III of the Al Shagaya complex.
Exowatt strengthens its capital to industrialise its P3 solar solution and meet the strong demand from AI-powered data centres across the United States.
A new law passed by the Illinois Legislature strengthens counties' power over siting commercial solar projects in unincorporated areas, amid a legal dispute between Grundy County and the City of Morris.
US-based T1 Energy strengthens its industrial footprint with two successive capital injections and prepares for the launch of its G2_Austin facility, while doubling production at its G1_Dallas site in the fourth quarter.
Velto Renewables becomes the sole owner of Europe's largest floating solar power plant after finalising the transaction with Q ENERGY, strengthening its presence in France.
Voltalia has launched electricity production at Sarimay Solar, a 126-megawatt solar plant in Uzbekistan, marking a key milestone in the deployment of new photovoltaic capacity in the country.
rPlus Energies has completed the acquisition of two solar and storage projects totalling 900 MW in Ada County, reinforcing its position as a key energy player in the western United States.
Sattel International receives a licence to develop a six MWp solar power plant with storage in Luozi, a project aimed at strengthening electricity supply and supporting economic activities in this area of Kongo-Central.
South African developer Sturdee Energy has secured funding to begin construction of the 91.2 MW Bela Bela solar plant in Limpopo Province, set to supply power to a major industrial site.
ReNew Energy Global will commit INR820bn ($9.33bn) to solar, hydro and green ammonia projects in Andhra Pradesh, strengthening its footprint in southern India’s energy infrastructure.
US-based mPower has opened a high-throughput factory for solar modules targeting space missions, with an initial capacity of 1 MW per year, set to double by mid-2026.
Turbo Energy launches a pilot project in Spain to tokenize hybrid solar installations financing, leveraging Stellar and Taurus blockchain technology to access a $145.18bn EaaS market by 2030.
Mizuho Lease initiates a takeover bid for Japan Infrastructure Fund, targeting its delisting and a strengthened partnership with Marubeni in solar asset management.
A joint research team in China has developed an innovative molecular strategy to enhance thermal stability and efficiency of perovskite solar cells, paving the way for large-scale production.
DMEGC Solar received TÜV SÜD certification for its Infinity G12RT-B66 photovoltaic module series, reaching a peak output of 655 W, with mass production scheduled for the first quarter of 2026.
TotalEnergies has signed a 15-year renewable power agreement with Google to supply its data centres in Ohio through a solar plant connected to the PJM grid.
Statkraft strengthens its presence in Brazil with three new solar and hybrid plants representing an investment of NOK2.3bn ($211mn), consolidating its strategy in a fast-growing energy market.
The delay rate for large-scale photovoltaic projects in the United States fell to 20% in Q3 2025, down from 25% a year earlier, despite record growth in installed capacity in 2024.
Evolution III fund of Inspired Evolution invests alongside FMO and Swedfund to accelerate regional growth of Sedgeley Solar Group, active in solar installations for commercial and industrial sectors.

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

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.