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- NorthStar Clean Energy Secures $334M for Michigan Solar Projects
NorthStar Clean Energy Secures $334M for Michigan Solar Projects
Slice of Energy Team
March 26, 2025
Key Highlights:
NorthStar Clean Energy secured up to $334 million in financing for two Michigan solar projects.
Branch Solar (200 MW) will be NorthStar’s largest Michigan solar asset.
Genesee Solar (50 MW) will serve a historically disenfranchised community.
The projects will generate clean electricity for nearly 36,000 homes annually.
BNP Paribas, MUFG, and SMBC led the financing with legal advisors including Hunton Andrews Kurth LLP and Arnold & Porter Kaye Scholer LLP.
Source: PR Newswire
Notable Quote:
“Our Michigan roots run deep, and we’re proud to invest in projects that not only generate clean power but also create jobs and strengthen local economies. With these projects, we continue to solidify our leadership in renewable energy while making a meaningful impact in the communities where we live, work, and play.”
Why This Matters:
This investment in Michigan’s renewable energy infrastructure represents a significant step toward clean energy expansion and economic development. By financing two major solar projects, NorthStar Clean Energy is not only scaling clean energy production but also creating jobs and supporting local economies. With a growing commitment to sustainability, these projects align with broader national efforts to reduce carbon emissions and transition toward a more sustainable energy future.