Origis Energy, one of America’s leading clean energy platforms, announced the closing of $118M in tax equity financing from RBC Community Investments (“RBC”) for the Chalan Solar + Storage project in Kern County, California.
Origis Energy is constructing and will own and operate the 65 MWac solar and 25 MW / 100 MWh battery energy storage facility, which is expected to achieve commercial operation in Q4 2026. The project’s output is contracted under a 20-year power purchase agreement with Pioneer Community Energy, a not-for-profit community choice electricity provider headquartered in Rocklin, California, serving customers across Placer and El Dorado counties.
“We are delighted to partner with RBC to bring another high-quality solar and storage project to the grid and deliver reliable, cost-effective clean energy to Pioneer’s customers and communities,” said Alice Heathcote, Chief Financial Officer of Origis Energy. “This transaction underscores the strength of our platform – from development through financing, and our ability to attract top-tier capital partners as we continue to scale.”
“RBC’s investment in the Chalan solar and storage project demonstrates our longstanding and continued commitment to the clean energy transition,” said Jonathan Cheng, Managing Director and Head of RBC’s Renewable Energy Tax Equity Investments. “We are excited to partner with Origis on this transaction and look forward to collaborating on future projects.”
