Rosamond Central is contracted to a number of municipalities and community choice aggregators (CCA), through deals including 15-year agreements with East Bay Community Energy (for 112MW of power) and the Clean Power Alliance (40MW).

“Who says big renewables can’t get financed by CCAs???” Nick Chaset, CEO of East Bay Community Energy, tweeted on Wednesday. “Congrats to Clearway Energy team and East Bay Community Energy teams for getting this done.”

Clearway claims to already operate 947MW of renewable energy assets in Kern County, racking up approximately US$20 million on local property taxes annually.

German bank NordLB acted as the coordinating lead arranger for the debt financing, while Utah’s Zions Bank and California's CIT were joint lead arrangers.

CIT recently arranged US$200 million in financing for Clearway for a 76MW portfolio of community solar assets spread across Illinois, Massachusetts, Minnesota and New York.

The developer is also active in Hawaii. In September, the company commissioned three grid-scale solar power projects on the island of O'ahu.

The North Rosamond solar project, sold by Clearway to Duke Energy Renewables last year, came online in June.

The prospects and challenges of solar's new era in the US will take centre stage at Large Scale Solar USA 2020 (Austin, Texas, on 23-24 June 2020).

UPCOMING EVENT

PV ModuleTech USA 2025

17 June 2025

Napa, USA

PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

UPCOMING EVENT

PV CellTech USA 2025

7 October 2025

San Francisco Bay Area, USA

PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.

UPCOMING EVENT

Solar & Storage Finance USA 2025

21 October 2025

New York, USA

Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.