Monarch Completes 310.89 MW Solar and 250 MWh Storage Projects in Texas

Monarch Private Capital, an impact investment firm focused on tax credit investments, has announced the substantial completion of the Midpoint and Gaia solar and battery energy storage projects developed by Sunraycer Renewables in Texas.

Monarch provided tax equity financing for both projects, which together add approximately 310.89 MWdc of solar generation and 250 MWh of battery energy storage capacity to the Texas grid. The projects are located in Hill and Navarro counties and are connected to the Electric Reliability Council of Texas (ERCOT) grid.

The Midpoint Solar Project in Hill County comprises approximately 127.05 MWdc of solar capacity paired with a 50 MW/100 MWh BESS. The Gaia Solar Project in Navarro County includes approximately 183.84 MWdc of solar generation coupled with a 75 MW/150 MWh BESS.

Both projects were placed in service in 2025 and achieved stabilized full-scale operations during the first half of 2026. The solar facilities are expected to generate approximately 585 GWh of electricity annually, enough to supply the equivalent electricity needs of approximately 54,000 homes.

The integrated battery storage systems are designed to store electricity and dispatch it when required, providing additional flexibility and supporting grid reliability. The projects add generation and storage capacity to ERCOT at a time when electricity demand in Texas continues to increase, driven in part by manufacturing and data center expansion.

“Midpoint and Gaia represent another important milestone in our mission to finance energy infrastructure that delivers both attractive investor returns and meaningful long-term impact,” said Bryan Didier, Partner and Managing Director, Energy, Monarch Private Capital.

David Lillefloren, CEO, Sunraycer Renewables, said the projects are strategic additions to the company’s operating portfolio and reflect the execution and partnership required to bring large-scale energy projects online. He added that Monarch’s tax equity expertise and engagement played an important role in bringing the projects to full-scale operation.

Monarch said it will continue to remain involved throughout the investment lifecycle through asset management, compliance oversight and ongoing project monitoring, working with investors and developers to support long-term project performance.