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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).
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