SALT LAKE CITY, June 05, 2025 (GLOBE NEWSWIRE) – – rPlus Energies announced today the successful close of a tax equity financing commitment exceeding $500 million with RBC Community Investments and a syndicate of investors to support Green River Energy Center, a landmark solar-plus-storage project in Emery County, Utah. The financing will utilize the federal Investment Tax Credit (ITC).
Green River Energy Center includes 400 megawatts AC (MWac) of solar PV and 400 MWac/1,600 megawatt-hours (MWh) of battery storage and has a long-term power purchase agreement in place with PacifiCorp.
The project is among the largest solar-plus-storage projects currently under construction in the United States and is expected to generate more than $55 million in direct economic benefits for Emery County over the next 20 years. It has created hundreds of construction jobs.
