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:

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.

  • Populaires ​
HyperStrong and Repono launch 1.4 GWh of energy storage in Europe by 2027
Q ENERGY raises €109 million from BPCE Energeco for renewable projects
Atmos Renewables finances major energy storage project in Australia
Badenova invests $4.64 billion to transform its energy infrastructure by 2050
Geothermal investment jumps 85% driven by new technologies
Photovoltaic films market to reach $41.59bn by 2034 according to MarketsandMarkets
The global photovoltaic films market is expected to see significant growth, reaching $41.59bn by 2034 due to the development of new solar technologies and the increasing demand for encapsulation suited to these innovations, a recent study indicates.
Plenitude starts 200 MW solar park in Andalusia for 2026
Italian group Plenitude has begun building Entrenúcleos, a 200 MW photovoltaic plant near Seville, set to deliver more than 435 GWh a year from 2026 while trialling locally produced green steel.
Sinopec commissions China’s first full-sea floating solar power plant
The state-controlled refiner has launched a 7.5-megawatt photovoltaic unit off Qingdao, the country’s first commercial installation designed for fully saline waters, intended to supply its future renewable hydrogen production.
Madagascar signs with Global South Utilities to develop up to 250 MW solar
The Emirati company Global South Utilities plans to install up to 250 MW of solar capacity in Madagascar, a project aimed at strengthening the national electricity network heavily reliant on fossil fuels and frequently facing energy deficits.
BRICS: solar production exceeds 50% of global total in 2024
Emerging economies from the BRICS group now account for more than half of global solar electricity production in 2024, driven mainly by China, India, and Brazil, according to a new report by the organisation Ember.
Star Trade and Lightsource bp sign major solar agreement in Taiwan
Star Trade, a subsidiary of HD Renewable Energy, has signed a power purchase agreement with Lightsource bp to manage electricity distribution from a 115 MWp solar project located in Chiayi, strengthening their presence in the Taiwanese market.
TotalEnergies signs with Daehwa Pharmaceutical to install solar system in Korea
TotalEnergies will develop a 1.8 MW photovoltaic installation for Daehwa Pharmaceutical, covering approximately 20% of the annual energy requirements of the production site located in Hoengseong-gun, South Korea, under a 20-year agreement.
373 MW Cleve Hill Solar Park begins commercial operations in the United Kingdom
Quinbrook Infrastructure Partners announces full operational launch of Cleve Hill Solar Park, now becoming the largest active photovoltaic power plant in the United Kingdom with a total installed capacity reaching 373 MW.
BISOL adopts G12R solar cells to strengthen its European production
European photovoltaic module manufacturer BISOL is integrating G12R solar cells into its product range, replacing the former M10 cells, to improve product performance and technological competitiveness starting from the second quarter of 2025.
Adani Green surpasses 15,000 MW installed capacity and targets record growth
Adani Green Energy Limited becomes the first Indian company to achieve 15,539.9 MW of operational renewable capacity, cementing its position among the global top 10 independent green power producers.
Pronur launches operations in Saudi Arabia to strengthen renewable energy solutions
Italian group Pronur establishes itself in Saudi Arabia with support from AstroLabs, aiming to provide advanced technologies in the renewable energy sector and develop new industrial partnerships.
Ascent Solar Technologies secures $2mn public funding to strengthen cash position
Ascent Solar Technologies, Inc. announces the launch of a $2mn public offering to finance working capital, product development and general expenses.
Ardian acquires 117 solar power plants in Italy to strengthen its energy platform
Ardian Clean Energy Evergreen Fund takes control of 117 photovoltaic plants totalling 116 MW in Italy, further consolidating its presence in the country’s renewable energy sector.
Zelestra secures $282mn financing for hybrid solar and storage project in Chile
Zelestra has secured $282mn financing from Natixis CIB, BNP Paribas and BCI for its Aurora project, combining a 220 MWdc solar plant and 1 GWh storage capacity in the Tarapacá region, Chile.
Egypt launches $200mn industrial solar complex at Ain Sokhna
Egypt has been building an industrial photovoltaic solar complex in Ain Sokhna since June 19, aiming to stimulate strategic local production with a total investment of $200 million funded by the Chinese group Sunrev.
France: Générale du Solaire inaugurates 20 MWc floating solar plant in Alsace
Générale du Solaire has inaugurated in Leutenheim, Bas-Rhin, a floating photovoltaic plant of approximately 20 MWc installed on a former gravel pit, marking the region's first large-scale project supported by successful local participatory funding.
Plenitude and Modine launch 1.585 MWp solar power plant in Italy
Plenitude and Modine have signed an agreement to build a photovoltaic plant with an installed capacity of 1.585 MWp in Pocenia, designed to power thermal and refrigeration equipment at Modine’s Italian industrial site, without initial investment.
NamPower launches $90.3mn solar power plant to secure Namibian energy
Namibia begins construction of its largest solar plant, Sores|Gaib, aiming to reduce dependence on energy imports by leveraging its solar potential, considered among the highest globally according to the World Bank.
Bangladesh Mandates Solar Panels on Public Buildings to Secure Energy Supply
Bangladesh’s interim government has ordered mandatory deployment of solar systems on public building rooftops to reduce reliance on costly fossil fuel imports amid a fragile economic backdrop.
Global electricity access reaches 92%, 666 million people still excluded
The Energy Progress Report 2025 shows an improvement in global electricity access to 92%, but highlights that 666 million people remain without electricity, particularly due to insufficient international funding for rural areas.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS