Tag: Faraday Solar project

685 MWdc Faraday solar project begins operations in Utah

685 MWdc Faraday solar project begins operations in Utah

October 30, 2025 | , ,

Excelsior Energy Capital has announced that the Faraday Solar project  has reached operational readiness and commenced commercial operations. The project has an installed capacity of 685.3 MWdc and is located in Utah County, Utah. It has a 20-year power purchase agreement (PPA) with PacifiCorp. Meta will procure energy and environmental attributes from the project to provide clean energy to its operations in Utah.

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Excelsior concludes $1.3 billion financing for Utah solar project

Excelsior concludes $1.3 billion financing for Utah solar project

November 30, 2023 | , ,

Excelsior Energy Capital has announced that it has concluded a financing package of $1.3 billion on the Faraday Solar project in Utah County, Utah. Reportedly, Excelsior acquired Faraday Solar earlier in 2023 from Parasol and Clenera who developed the project. Faraday Solar is a 682.5 MW ground-mounted solar facility. Furthermore, the project is contracted under an investment grade long-term power purchase agreement.

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