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# EDF Closes Financing for Utah Solar 1
- URL: https://blog.financely.io/edf-closes-financing-utah-solar-1/
- Published: 2026-09-18T13:50:27.000Z
- Updated: 2026-09-18T13:50:27.000Z
- Description: EDF Closes Financing for Utah Solar 1. A concise Financely news analysis of financing structure, lender relevance and execution risk.
- Author: Financely Debt Advisors
- Tags: Financely News Analysis, September 18 2026, Project Finance News, #Import 2026-09-18 13:49

## EDF Closes Financing for Utah Solar 1

EDF power solutions North America has reached financial close on the 394 MWdc / 300 MWac Utah Solar 1 project in Millard County. The project is moving into full construction with electricity delivery expected in mid-2027\. The development is covered today by [PV Tech](https://www.pv-tech.org/edf-reaches-financial-close-on-394mw-solar-pv-plant-in-utah/?ref=blog.financely.io).

Project Finance News — 18 September 2026

This brief focuses on financing structure, lender relevance and execution rather than reproducing the announcement.

## Financing Structure Behind EDF Closes Financing for Utah Solar 1

Credit facilities were provided by Crédit Agricole CIB, MUFG Bank, National Bank of Canada, Société Générale and Standard Chartered. The project is supported by a 30-year PPA with the Southern California Public Power Authority.

## Credit Implications of EDF Closes Financing for Utah Solar 1

The long-dated municipal offtake gives lenders a contracted revenue base and supports construction-to-operations financing alongside tax-credit monetization.

## What to Watch After EDF Closes Financing for Utah Solar 1

Construction, interconnection and tax-credit bridge execution will determine how smoothly the facility moves into long-term operating debt.

Read the underlying report from [PV Tech](https://www.pv-tech.org/edf-reaches-financial-close-on-394mw-solar-pv-plant-in-utah/?ref=blog.financely.io).

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EDF Closes Financing for Utah Solar 1\. This news brief is based on public reporting available on 18 September 2026\. Financing terms and project status can change after publication.