$265 Million Solar Investment Brings Manufacturing Opportunities to Florida and Alabama

Advantage Capital and Origis Energy announced the closing of a $265 million tax equity commitment to support three utility-scale solar projects in Florida and Alabama. The investment advances energy infrastructure development while creating economic opportunities in rural communities, with particular benefits for manufacturing suppliers providing domestically sourced equipment for the projects.

The deal includes a $65 million commitment for the Whistling Duck solar project in Levy County, Florida, a 96 MWdc facility owned and operated by Origis Energy. The project is in late-stage construction and is expected to begin operations in late 2025. Once operational, Whistling Duck will deliver clean energy to the region while supporting Florida’s position in renewable energy generation.

In Clarke County, Alabama, Advantage Capital committed $200 million to the Walker Springs I and II solar projects, which together will provide 209 MWdc of renewable energy capacity. Walker Springs I is scheduled to be operational in late 2025, followed by Walker Springs II in early 2026. Combined, these projects will generate electricity to power thousands of homes in Alabama while creating jobs and increasing the local tax base.

Domestic Manufacturing Requirements Create Supply Chain Opportunities

All three projects will use domestically sourced equipment, supporting U.S. manufacturing and strengthening the renewable energy supply chain. This requirement creates opportunities for manufacturers producing solar panels, racking systems, inverters, electrical components, and other equipment needed for utility-scale solar installations.

For manufacturers serving the renewable energy sector, large-scale project commitments like this create predictable demand and allow for production planning that improves efficiency and reduces costs. Understanding how to position manufacturing operations to serve growing renewable energy markets requires attention to quality standards, delivery timelines, and pricing strategies that meet utility-scale project requirements.

Adam Constantinides, senior vice president at Advantage Capital, said the investment demonstrates the firm’s continued commitment to expanding access to reliable renewable energy. The projects advance energy solutions, strengthen regional energy infrastructure, and accelerate the transition toward more sustainable energy generation.

Manufacturing suppliers that can meet the technical specifications and delivery schedules for utility-scale solar projects position themselves to capture market share in a growing sector. According to the U.S. Department of Energy, solar energy capacity continues to expand nationwide as utilities and energy companies invest in renewable generation to meet clean energy goals and customer demand.

Understanding how to evaluate opportunities in growing markets like renewable energy requires financial analysis of market trends, competitive positioning, and capital investment requirements. Our team helps manufacturers assess market opportunities, plan capacity expansions, and manage the financial aspects of serving new customer segments. Visit our Manufacturing Services page to see how we support manufacturers evaluating growth opportunities.

Regional Economic Impact Extends Beyond Direct Investment

The announcement builds on Advantage Capital’s ongoing partnership with Origis Energy, following the Swift Air Solar development in Texas earlier this year. Alice Heathcote, chief financial officer of Origis Energy, said the projects will add 305 MW of solar capacity to the Southeast and highlight the value of long-term collaboration that enables efficient scaling of renewable energy projects.

Beyond their environmental benefits, the projects are expected to generate long-term economic advantages for rural communities by creating jobs, strengthening local economies, and supporting sustainability goals across the region. Construction phase employment includes site preparation, equipment installation, and electrical work. Operational phase employment includes maintenance, monitoring, and administrative functions.

For Florida manufacturers, proximity to large-scale solar projects creates potential opportunities to supply components, provide maintenance services, or support construction activities. Companies that can demonstrate quality, reliability, and competitive pricing position themselves to participate in the growing renewable energy sector.

With this investment, Advantage Capital’s energy portfolio now totals over $2.5 billion in recent transactions, supporting more than 3 gigawatts of energy capacity nationwide. This scale of investment signals continued growth in renewable energy infrastructure development and the manufacturing supply chains that support it.

Tax Equity Structures Support Project Finance

The $265 million commitment uses a tax equity structure, a common financing approach for renewable energy projects. Tax equity investments allow investors to monetize federal tax credits available for renewable energy projects, including the Investment Tax Credit that supports solar energy development.

For manufacturers considering investments in renewable energy production capacity or evaluating opportunities to serve the sector, understanding how project finance structures work helps assess market stability and growth potential. Tax equity markets provide consistent financing for utility-scale renewable energy projects, creating predictable demand for manufacturing suppliers.

Manufacturers serving utility-scale projects must manage working capital carefully, as these projects often involve staged payments tied to construction milestones and completion schedules. Companies that maintain strong financial reporting and cash flow management can handle the payment timing typical of large-scale project work. Looking to strengthen your plant’s financial performance and long-term strategy? Our advisors help manufacturers manage margins, plan capital investments, and support profitable growth. Connect with our manufacturing team to discuss how to position your operation for growth in expanding markets.

Together, We Help Manufacturing Leaders Do Moore

Looking to strengthen your plant’s financial performance and long-term strategy? Our advisors help manufacturers manage margins, plan capital investments, and support profitable growth.

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