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US energy company Avantus secures $300 million tax equity financing from Truist Bank for its Aratina 2 solar-plus-storage project in California.
Located in Kern County, California, the project has an installed capacity of 150 MW of solar and 452 MWh of battery storage, and is expected to commence operations by the end of 2026. Previously, Avantus secured over $525 million in construction financing for the project last month.
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