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Sunraycer secures $901M financing for Texas solar and battery projects to boost clean energy supply.

Company Fundamentals
14 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

Sunraycer Renewables closed a $901 million financing deal with major banks to fund three solar and battery storage projects in Texas totaling 479.5 MWac solar and 236.5 MWac battery capacity. These projects, starting construction in late 2025, will support Texas' growing electricity demand, especially in the ERCOT grid serving over 26 million customers. Eagle Springs is set to operate commercially by the end of 2026, with Lupinus 1 and 2 following in late 2027. This financing marks a significant step in Sunraycer's expansion and the broader transition to reliable, clean energy solutions in the U.S.

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