Cypress Creek Energy Closes $3.5B Financing for Steel River Energy Center Phases 1 and 2 - News and Statistics
Jun 12, 2026
Cypress Creek Energy Secures $3.5B Financing for Steel River Solar-Plus-Storage Project in Arkansas
Cypress Creek Energy has finalized funding for the initial two stages of its Steel River Energy Center in Arkansas, obtaining $3.5 billion to back building and extended operation of what ranks among America’s biggest solar and battery storage initiatives.
Project Scope and Financing
The financial arrangement for Stages 1 and 2 of the three-stage development will contribute 1.63 GW of solar power generation and 1.9 GWh of battery storage to the local electricity network. Once every stage is finished, the facility is anticipated to achieve 2.45 GW of solar capacity and 2.9 GWh of battery storage by 2029.
Barclays, BNP Paribas, Santander, and Wells Fargo completely underwrote the deal, signaling ongoing lender enthusiasm for sizable energy infrastructure ventures. Cypress Creek additionally secured tax equity funding from a prominent investor and concluded a virtual power purchase agreement with an investment-grade corporate buyer, ensuring extended revenue certainty for the endeavor.
Chief Executive Officer Kevin Smith remarked that the funding shows robust capital market backing for utility-scale energy infrastructure amid climbing electricity consumption nationwide. The firm indicated the project aims to provide dependable power while promoting economic growth in Arkansas.
Technology and Supply Chain
Steel River is being constructed as a substantial solar-plus-storage installation, a category that has pulled in rising investment as utilities and corporate customers pursue firm renewable energy sources. Battery systems paired with solar generation are increasingly regarded as vital for boosting grid stability, moving renewable output to peak usage times, and lessening vulnerability to power price swings.
The initiative also highlights domestic sourcing. Cypress Creek stated Steel River will employ exclusively U.S.-produced structural steel, largely obtained from Mississippi County, Arkansas, and will utilize solar panels made by First Solar. Other project elements will come from Arkansas-based enterprises.
Economic Impact
Apart from its energy output, the development is forecast to produce nearly $300 million in tax income throughout its operational lifespan and generate roughly 700 construction positions, plus indirect economic advantages for nearby businesses and service suppliers.
Cypress Creek stands as one of America’s biggest privately owned renewable energy developers, possessing over 6.8 GW of operational and under-construction assets and a development pipeline totaling 19 GW. The enterprise has brought 19 GW of projects to market since its inception and runs more than 8.6 GW of energy assets via its operations and maintenance division.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO11.1
United States
- Market Size
- Production
- Imports
- Exports
11.2
China
- Market Size
- Production
- Imports
- Exports
11.3
Japan
- Market Size
- Production
- Imports
- Exports
11.4
Germany
- Market Size
- Production
- Imports
- Exports
11.5
United Kingdom
- Market Size
- Production
- Imports
- Exports
11.6
France
- Market Size
- Production
- Imports
- Exports
11.7
Brazil
- Market Size
- Production
- Imports
- Exports
11.8
Italy
- Market Size
- Production
- Imports
- Exports
11.9
Russian Federation
- Market Size
- Production
- Imports
- Exports
11.10
India
- Market Size
- Production
- Imports
- Exports
11.11
Canada
- Market Size
- Production
- Imports
- Exports
11.12
Australia
- Market Size
- Production
- Imports
- Exports
11.13
Republic of Korea
- Market Size
- Production
- Imports
- Exports
11.14
Spain
- Market Size
- Production
- Imports
- Exports
11.15
Mexico
- Market Size
- Production
- Imports
- Exports
11.16
Indonesia
- Market Size
- Production
- Imports
- Exports
11.17
Netherlands
- Market Size
- Production
- Imports
- Exports
11.18
Turkey
- Market Size
- Production
- Imports
- Exports
11.19
Saudi Arabia
- Market Size
- Production
- Imports
- Exports
11.20
Switzerland
- Market Size
- Production
- Imports
- Exports
11.21
Sweden
- Market Size
- Production
- Imports
- Exports
11.22
Nigeria
- Market Size
- Production
- Imports
- Exports
11.23
Poland
- Market Size
- Production
- Imports
- Exports
11.24
Belgium
- Market Size
- Production
- Imports
- Exports
11.25
Argentina
- Market Size
- Production
- Imports
- Exports
11.26
Norway
- Market Size
- Production
- Imports
- Exports
11.27
Austria
- Market Size
- Production
- Imports
- Exports
11.28
Thailand
- Market Size
- Production
- Imports
- Exports
11.29
United Arab Emirates
- Market Size
- Production
- Imports
- Exports
11.30
Colombia
- Market Size
- Production
- Imports
- Exports
11.31
Denmark
- Market Size
- Production
- Imports
- Exports
11.32
South Africa
- Market Size
- Production
- Imports
- Exports
11.33
Malaysia
- Market Size
- Production
- Imports
- Exports
11.34
Israel
- Market Size
- Production
- Imports
- Exports
11.35
Singapore
- Market Size
- Production
- Imports
- Exports
11.36
Egypt
- Market Size
- Production
- Imports
- Exports
11.37
Philippines
- Market Size
- Production
- Imports
- Exports
11.38
Finland
- Market Size
- Production
- Imports
- Exports
11.39
Chile
- Market Size
- Production
- Imports
- Exports
11.40
Ireland
- Market Size
- Production
- Imports
- Exports
11.41
Pakistan
- Market Size
- Production
- Imports
- Exports
11.42
Greece
- Market Size
- Production
- Imports
- Exports
11.43
Portugal
- Market Size
- Production
- Imports
- Exports
11.44
Kazakhstan
- Market Size
- Production
- Imports
- Exports
11.45
Algeria
- Market Size
- Production
- Imports
- Exports
11.46
Czech Republic
- Market Size
- Production
- Imports
- Exports
11.47
Qatar
- Market Size
- Production
- Imports
- Exports
11.48
Peru
- Market Size
- Production
- Imports
- Exports
11.49
Romania
- Market Size
- Production
- Imports
- Exports
11.50
Vietnam
- Market Size
- Production
- Imports
- Exports
LIST OF TABLES
- Key Findings In 2025
- Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
- Per Capita Consumption, by Country, 2022–2025
- Production, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Import Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Export Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
- Consumption, by Country, 2025
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Production, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Production, by Country, 2025
- Production, In Physical Terms, by Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Physical Terms, By Country, 2025
- Imports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Import Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Physical Terms, By Country, 2025
- Exports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
- Export Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)