Desert Breeze Solar

Lockhart III & IV PV Solar Projects – Financing

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

Deal Overview

Terra-Gen has reached financial close for its 125 MW Lockhart III and 80 MW Lockhart IV projects. Terra-Gen started construction on the Lockhart III & IV project earlier in 2025 and aims to begin commercial operation in 2026.

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Deal Volume
$383.3m
Financial Close
12/11/2025
Dealmakers
Sources
Submitted by participant(s)

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Tranches

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Project Deals

80MW Lockhart IV PV Solar Project
$191.65m
Greenfield
PV solar
North America
North America
United States
125MW Lockhart III PV Solar Project
$191.65m
Greenfield
PV solar