EDF Renewables North America and Power Sustainable Close Financing for Desert Quartzite Solar and Storage Project

EDF Renewables North America is pleased to announce the close of financing for the Desert Quartzite Solar+Storage Project. The Project, jointly owned with Power Sustainable Energy Infrastructure Inc. (PSEI), began delivering electricity in December 2024. KfW IPEX-Bank, together with MUFG Bank Ltd, Export Development Canada, Korea Development Bank, and 4 other participating banks, provided long-term debt financing for Desert Quartzite. This financing marks the first project leverage application in the United States for EDF Renewables in over a decade.

Desert Quartzite Solar+Storage, located in Riverside County, California has a total capacity of 375 MWdc solar combined with a 150 MWac/4-hour battery energy storage system (BESS).

EDF Renewables North America | www.edf-re.com