Wells Fargo completes funding for 200-MW Sempra Great Valley Solar Project

By Kelsey Misbrener Wells Fargo Renewable Energy and Environmental Finance announced it has completed the final $85 million in tax-equity funding for Sempra Renewables’ 200-MW solar generation facility near Fresno, California. The funding represents the last phase of more than $190 million in financing for four solar farms collectively known as the Sempra Great Valley Solar Project.
Sempra Renewables—a subsidiary of energy-holding company Sempra Energy SRE—built and operates the Great Valley Solar Project, a 1,600-acre facility with 860,000 solar modules.
The 200-MW Great Valley Solar Complex, which began commercial operation in May, will produce and transmit enough renewable electricity to power approximately 90,000 homes. During

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