US EditionPublished • loading... • Updated
Cypress Creek Closes Financing for Hanson Solar, a Flagship 505MWdc Project Supporting Meta's Operations and Strengthening Texas' Grid and Economy
The 505MW Hanson Solar project will create about 300 construction jobs and generate over $80 million in local tax revenue, supporting Meta's clean energy goals.
- On Nov. 19, 2025, Cypress Creek Renewables announced financial close and began construction on the 505-megawatt Hanson Solar project in Coleman County, Texas.
- Lenders including MUFG Ltd. and SMBC provided facilities for the Hanson Solar project, with preferred equity from funds managing over $350 billion.
- Construction mobilized earlier this year with TIC- The Industrial Company as EPC, and Cypress Creek Renewables has commercialized more than 12GW of projects.
- The build will support an estimated 300 construction jobs and contribute to local economic activity in Coleman County, Texas, while strengthening ERCOT grid reliability.
- Once operational, Hanson Solar will deliver power into ERCOT under a Meta PPA, with 'Securing financing for Hanson Solar marks another important milestone as we expand our investment in Texas and continue partnering with customers like Meta' said Sarah Slusser, CEO of Cypress Creek Renewables.
Insights by Ground AI
13 Articles
13 Articles
Fox 59 Indianapolis+11 Reposted by 11 other sources
Cypress Creek Closes Financing for Hanson Solar, a Flagship 505MWdc Project Supporting Meta's Operations and Strengthening Texas' Grid and Economy
·Indianapolis, United States
Read Full Article
Cypress Creek Secures Financing for Texas Solar Plant to Supply Renewable Energy to Meta
Renewables developer and independent power producer Cypress Creek announced that it has reached financial close and started construction on its Hanson Solar project in Coleman County, Texas. The launch of the new 505 MW renewable energy project follows a power purchase agreement (PPA) between Cypress Creek and Facebook, Instagram, and WhatsApp owner Meta earlier this […]
Coverage Details
Total News Sources13
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
Factuality
To view factuality data please Upgrade to Premium
