Cypress Creek Secures Steel River Financing
Analysis based on 6 articles · First reported Jun 11, 2026 · Last updated Jun 15, 2026
The financing of the Steel River Energy Center signals strong investor confidence in large-scale renewable energy projects, particularly those integrating solar and battery storage. This will likely encourage further investment in the renewable energy sector and support the growth of companies like Cypress Creek Renewables. The project's emphasis on U.S.-made materials also benefits domestic manufacturing and local economies in United States — Arkansas.
Cypress Creek Renewables has secured $3.5 billion in financing for the first two phases of its Steel River Energy Center in United States — Arkansas, one of the largest solar and battery storage developments in the United States. The project, expected to be fully built out by 2029, will provide 2.45 GW of solar and 2.9 GWh of battery storage. The financing was fully underwritten by Barclays, BNP Paribas, Santander, and Wells Fargo, and also included tax equity financing and a virtual power purchase agreement. The Steel River Energy Center will utilize 100% U.S.-made structural steel and solar panels from First Solar, creating approximately 700 construction jobs and generating nearly $300 million in tax revenue for United States — Arkansas.
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