BrightNight and joint venture partner Cordelio Power have secured a $414 million construction credit facility for their Box Canyon utility-scale solar power project in Pinal County, Arizona.
BrightNight and Cordelio are co-members of BOCA bn, LLC, the owner of the Box Canyon project.
BrightNight advised BOCA on the 20-year power purchase agreement that BOCA entered into with the Southwest Public Power Agency in December 2022.
Construction of this 300-megawatt project began in December 2023 and is expected to begin operation in the first half of 2025.
The project represents the largest renewable energy procurement in SPPA’s history, the companies said.
The project is the first in the 2 GW Arizona portfolio owned by BrightNight and Cordelio Power to commence construction.
BrightNight is leading the development of the Box Canyon project as part of its joint venture with Cordelio Power.
BrightNight is a global renewable integrated power company, while Cordelio Power is an independent renewable power producer.
