Linea Energy has closed a tax equity financing with Crux for its 172 MWdc Watertown solar project located in Sanilac County, Michigan. The Crux investment completes the project’s financing, bringing the total capital raised to $457 million, including a previously announced $299 million debt package by Santander Corporate & Investment Banking, Société Générale, S.A., Norddeutsche Landesbank Girozentralecon, and Truist Bank. The project is backed by a 25-year power purchase agreement with Consumers Energy.
Furthermore, the project is currently under construction, with commercial operations expected to commence in mid-2027. Once operational, the project will generate enough clean electricity to power over 25,000 Michigan homes annually and support around 150 construction jobs. The project is expected to deliver $16.4 million in local property tax revenue over its lifetime and offset approximately 148,389 metric tonnes of carbon emissions annually.
In May 2026, Linea Energy signed a 15-year power purchase agreement with Google for 500 MW of electricity from the Duffy solar project located in Matagorda County, Texas. The project will supply clean power to support Google’s data center operations in the ERCOT market. Project construction is scheduled to commence in the third quarter of 2026. The solar project is co-located alongside the 235 MWac Duffy BESS currently under construction.