CIG Capital’s Five New Utility-Scale Projects Bring in 2 GW of Solar

CIG Capital’s five new renewable energy projects will deliver over 2,000 MWh of clean energy. These projects will be operational between 2023-2024.

CIG Capital has partnered with Tier-1 groups for the projects’ EPC, O&M, engineering, equipment manufacturing and power purchase agreements. CIG Capital has created a de-risked funding model that uses an investment-grade credit structure to fund each project.

Two 506 MW, and 606 MW solar plants in Northern Texas will generate 1,073,732MWh and 1,280.578 MWh respectively of clean energy annually.

CIG Capital, a Sovereign Native American Tribe in South Dakota, is partnering with Oglala Lakota Nation to develop a 300MW solar project. Through their public power authority, the Sage Development Authority, the company is collaborating with Standing Rock Sioux Tribe to develop a 320 MW solar farm in North Dakota. A 300 MW solar project in South Dakota is also expected to generate 460,000. MWh.

CIG Capital is a project finance group based in Orlando. It provides funding for large projects and offers strategic project financing. CIG Capital provides 100% of their project’s funding needs by producing various parts of the capital stack structure, including support services for each individual project.

“CIG Capital is committed to exceeding ESG standards with each renewable energy project creating clean energy, using renewable resources; helping create sustainable revenue streams that will positively impact our neighbors, families, and tribal communities for years to come,” says Charles D. Carey, a managing partner at CIG Capital.