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Avantus Closes Over $300 Million in Construction Financing with BBVA and CIBC for Kitt Solar and Energy Storage Project
Businesswire· 2026-03-04 14:20
Core Insights - Avantus has secured over $300 million in financing for the Kitt Solar and Energy Storage Project from BBVA and CIBC [1] Financing Details - The financing package includes construction funding, a tax equity bridge loan, and letters of credit [1] - The Kitt project features 100 MWac/130 MWdc of solar capacity and 400 MWh of energy storage [1] Project Location - The Kitt Solar and Energy Storage Project is located in Pinal County, Arizona, within the City of Eloy [1]