Avantus Secures $525M Financing for 150MWac Aratina 2 Solar Project
SAN•Avantus has secured over $525 million in financing to develop the Aratina 2 solar-plus-storage project in the United States, financing 150 MWac of solar PV capacity and a 452 MWh battery energy storage system. The funding will cover engineering, procurement and construction costs for the facility, supporting construction and commissioning.
1. Financing Arrangement
Avantus raised over $525 million through project finance agreements to fund Aratina 2, structuring debt facilities to cover engineering, procurement and construction expenses and ensure stable cash flow once operational. The package involves multiple institutional lenders backing the development phase.
2. Project Details
Aratina 2 will feature 150 MWac of solar PV capacity paired with a 452 MWh battery energy storage system in the United States, enabling continuous renewable power delivery and grid stabilization. The project marks a strategic expansion of Avantus’ U.S. renewables portfolio.
