Zelestra has closed a $113 million Senior Secured Credit Facility with Banco Santander to fund its 81 MWdc Jasper County Solar Project in Indiana. This deal is a key part of Zelestra’s expanding U.S. renewables portfolio, structured under the company’s updated Green Financing Framework.
The project is supported by a long-term Environmental Attributes Purchase Agreement (EAPA) with Meta, marking a deepening partnership between the two companies.
“It is an important milestone to close this financing as we continue to deliver for our customers and grow our presence in the US,” said Sybil Milo Cioffi, Zelestra’s US CFO.
The Jasper project, expected to be operational by Q4 2025, adds to Zelestra’s growing U.S. pipeline of nearly 7 GW of solar and battery energy storage systems. With over 1 GW of projects fully contracted and set for construction within the next two years, Zelestra continues to solidify its position as a leader in corporate clean energy procurement.
