Advantage Capital And Origis Energy Close $265M Tax Equity Deal To Fund Three Utility-Scale Solar Projects In Florida And Alabama

Advantage Capital, a leading impact investment firm, and Origis Energy, one of the United States’ top renewable energy platforms, have announced the closing of a $265 million tax equity commitment to support three utility-scale solar projects in Florida and Alabama. The investment reflects both firms’ shared focus on advancing energy infrastructure across the U.S. while fostering economic growth in rural communities. In Levy County, Florida, Advantage Capital provided a $65 million commitment for the Whistling Duck solar project, a 96 MWdc facility owned and operated by Origis Energy.

The project is in late-stage construction and is expected to begin operations in late 2025. Once operational, Whistling Duck will deliver significant clean energy to the region, reinforcing Florida’s leadership in renewable energy generation. In Clarke County, Alabama, Advantage Capital committed $200 million to the Walker Springs I and II solar projects, which together will provide 209 MWdc of renewable energy capacity. Walker Springs I is scheduled to be operational in late 2025, followed by Walker Springs II in early 2026. Combined, these projects will generate enough electricity to power thousands of homes in Alabama while creating quality jobs and increasing the local tax base.

All three projects will use domestically sourced equipment, supporting U.S. manufacturing and strengthening the renewable energy supply chain. Adam Constantinides, Senior Vice President at Advantage Capital, said the investment demonstrates the firm’s continued commitment to expanding access to reliable renewable energy. He added that these projects advance scalable energy solutions, strengthen regional energy infrastructure, and accelerate the transition toward a more sustainable energy future.

This announcement builds on Advantage Capital’s ongoing partnership with Origis Energy, following the Swift Air Solar development in Texas earlier this year. Alice Heathcote, Chief Financial Officer of Origis Energy, said the projects will add 305 MW of high-quality, cost-competitive solar capacity to the Southeast and highlight the value of long-term collaboration with Advantage Capital, enabling efficient scaling of renewable energy projects.

Beyond their environmental benefits, the projects are expected to generate long-term economic advantages for rural communities by creating jobs, strengthening local economies, and supporting sustainability goals across the region. With this investment, Advantage Capital’s energy portfolio now totals over $2.5 billion in recent transactions, supporting more than 3 gigawatts of energy capacity nationwide.