OCI completes $394m financing for Texas solar project

OCI Holdings said Thursday it has completed project financing for a 260-megawatt solar power plant in Texas, accelerating its push into long-term renewable energy infrastructure investment in the United States. Its US subsidiary, OCI Energy, secured a $394 million financing package Monday for the Sun Roper project, a 50:50 joint venture with Israel-based Arava Power established in February 2025. ING Capital acted as the sole lead arranger. Located in Wharton County, the utility-scale solar facil

By The Korea Herald