Primergy Solar has launched commercial operations at its Ash Creek solar facility in Hill County, Texas, adding 408 megawatts (AC) of clean power to the ERCOT grid. The project has secured a long-term power purchase agreement with Microsoft, supporting the tech giant’s renewable energy goals while reinforcing Texas’s leadership in solar energy deployment.
Primergy secured nearly $1 billion in financing for the project in 2024, including $588 million in project funding and $350 million in tax equity. MUFG Bank and SMBC acted as lead structuring arrangers for the financing, which comprised a construction loan, tax credit transfer bridge loan, and associated letters of credit. Originally developed in 2016 by Orion Power Generation—a joint venture between Orion Renewable Energy Group and Eolian—the project was acquired by Primergy in 2021. Solv Energy served as the EPC contractor.
Ash Creek is expected to contribute approximately $100 million in tax revenue to Hill County over its lifespan, supporting local schools and economic development. The project generated 350 full-time construction jobs and has retained six permanent roles for long-term operations and maintenance.
“Projects like Ash Creek Solar provide thoughtful energy solutions to meet the needs of consumers, drive long-term value, and strengthen America’s energy independence,” said Ty Daul, CEO of Primergy Solar.
The company also brought its Gemini Solar + Storage project online in July 2024 in Nevada, adding 690 MW of solar capacity and 380 MW of 4-hour battery storage, featuring more than 1.8 million solar panels.
Texas remains the U.S. leader in solar power, with over 43.5 gigawatts of installed capacity—enough to power more than five million homes—and solar now accounting for over 8% of the state’s electricity supply, according to the Solar Energy Industries Association (SEIA). The state’s solar workforce exceeds 12,000, with major capacity additions continuing through 2024. The Ash Creek project further solidifies Texas’s role in driving the nation’s transition to clean energy.