Pleasant Valley 2 Solar

Pleasant Valley Solar 2 – Tax Equity Financing

Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

rPlus Energies has closed $100 million in tax equity financing with Truist Bank to support the 125MWac Pleasant Valley Solar 2 project in Ada County, Idaho.The facility will supply solar energy to Idaho Power’s grid, serving Meta’s data centre in Kuna.

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Deal Volume
$100m
Financial Close
09/09/2025
Dealmakers
Sources

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Tranches

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Project Deals

125MW Pleasant Valley 2 PV Solar Project
$304.12m
Greenfield
PV solar
North America
North America
United States