BHI Provides Origis Energy with $75 Million in Financing for the Development of a Diversified Portfolio of Renewable Energy Projects

BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, announced that BHI has provided Origis Energy with $75 million in financing to support a diversified portfolio of renewable energy projects.  BHI acted as a Co Lead Arranger to a $900 million syndicated corporate facility which Origis is tapping to support its next phase of growth.

Founded in 2008 and headquartered in Miami, Florida, Origis Energy, is a leading developer and Independent Power Producer deploying a wide range of sustainable solutions for grid power generation, performance optimization, and long-term operation of solar and energy storage plants across the United States.

Through diversified development across CAISO, ERCOT, MISO and the Southeast, Origis has amassed a total portfolio size of 22GW across a mixture of solar, BESS and hybrid projects.  With 2.9GW operating or in-construction and a pipeline of 19GW across 110 projects (6.9GW of which is in the advanced stages of development) Origis maintains a highly curated pipeline focused on projects with the strongest path to commercialization and COD. 

“At BHI, the renewable energy sector continues to shine as a core priority within our investment strategy,” said Assaf Nathan, First Vice President, International C&I and Project Finance at BHI.  “The sector itself is a fundamental component of how economies will grow and compete in the years ahead and we see significant long-term opportunity through deploying capital to meaningfully support the innovation and scale of the sector’s ongoing development.”

“The opportunity to build a more resilient and sustainable energy future has never been greater,” said Deborah Kross, Head of Capital Markets at Origis Energy. “Renewable energy is playing an increasingly important role in how communities, businesses, and economies power their growth.  We’re thankful for the backing from BHI and all our financial partners which will enable us to continue developing solutions that deliver long-term value while helping shape a cleaner, more reliable energy landscape.”

BHI | www.bhiusa.com