NEW YORK, June 11, 2025 /PRNewswire/ — DESRI as of late introduced that the Catclaw Sun and Bank mission (Catclaw, or the Venture) has completed monetary realize to advance (FNTP) and started structure. Catclaw is a 205 megawatt (MWac) sun facility with a 1,000 megawatt-hour (MWh) cupboard machine, situated in Buckeye, Arizona. DESRI bought the Venture from Avantus in 2024 and accumulated with stakeholders on April 29, 2025 to honour its groundbreaking.
“The DESRI team is thrilled that Catclaw has begun construction and will commence operations in 2026,” mentioned Bob Schoenherr, Prominent Technique Officer of DESRI. “DESRI currently owns 131 MWac of operating renewable energy assets and 160 MWac of solar assets under construction in Arizona; Catclaw is our first project with Arizona Public Service (APS). Given skyrocketing demand for new energy and capacity resources across the state, our team is happy to pair reliable and cost-effective resources with this need. We appreciate Avantus’s work on the Project’s development and look forward to an efficient build.”
“Catclaw will help power Arizona’s growing energy needs with clean, reliable electricity—especially during times of peak demand,” mentioned Cliff Graham, CEO of Avantus. “This milestone is the result of strong collaboration with the City of Buckeye, local partners, DESRI, and APS, and builds on the groundwork Avantus has laid to accelerate clean energy in the region. Together, we’re creating local jobs and strengthening the grid with affordable, resilient energy for Arizona communities.”
Catclaw has a 20-year energy acquire word with APS. The power is anticipated to generate plenty blank power to energy roughly 40,000 Arizona properties every 12 months.
Financing for the development of the Venture was once equipped through BNP Paribas and Norddeutsche Landesbank Girozentrale (NORD/LB) as Coordinating Top Arrangers; Korea Building Store, Store of China, and Westpac Banking Company as Joint Top Arrangers; Comerica Store as Mandated Top Arranger; Flagstar Store as Senior Managing Agent; and Crédit Industriel et Industrial as Player. Deutsche Store Agree with Corporate Americas acted because the Administrative Agent.
“APS has a track record of providing top tier, reliable service to Arizona homes and businesses, and we thoughtfully invest in and secure diverse resources that can help us continue to deliver the energy our customers count on,” mentioned Derek Seaman, APS Director of Useful resource Acquisition. “The Catclaw Solar and Storage project will provide our customers with the benefits of reliable, cost-competitive electricity sourced directly from clean energy technologies.”
“Buckeye’s collaboration with the DESRI team was unprecedented,” mentioned Buckeye Mayor Eric Orsborn. “We worked together to design this project so it seamlessly integrated with the surrounding environment, while ensuring Buckeye and the entire West Valley remain sustainable.”
RES will provide because the engineering, procurement, and structure (EPC) contractor, with EPC Products and services Corporate because the high-voltage EPC. Tesla will lend battery cupboard apparatus for the Venture. Invenergy Products and services will lend ongoing operations and upkeep services and products as soon as the power is operational.
About DESRI
DESRI and its associates build, gain, personal, and function long-term shriveled renewable power property within the U.S. DESRI’s portfolio of shriveled, working, and in-construction renewable power initiatives these days comprises 70 sun and breeze initiatives representing greater than 9 gigawatts of combination capability.
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