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120 MW Frontier Solar PV Project in Kentucky Reaches Financial Close

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120 MW Frontier Solar PV Project in Washington and Marion Counties, Kentucky Reaches Financial Close

A 120 MW solar PV project planned across Washington and Marion counties in Kentucky has reached financial close, marking a key milestone that moves the development into the construction phase and toward integration with the state’s power grid serving Louisville Gas and Electric and Kentucky Utilities customers.

The project is being advanced by BrightNight under a Build Transfer Agreement with Louisville Gas and Electric Company and Kentucky Utilities Company, which will ultimately take ownership once construction is completed. It forms part of the utilities’ long-term strategy to add new renewable generation capacity while maintaining reliable and affordable electricity supply across Kentucky.

Financing unlocks construction phase

Financial close was secured through a consortium of lenders, enabling full mobilization for engineering, procurement, and construction activities. The milestone confirms that years of project development, permitting, and structuring have now transitioned into a fully financed infrastructure asset ready for execution.

The project already received approval from the Kentucky Public Service Commission in 2023 as part of the utilities’ Certificate of Public Convenience and Necessity filing, supporting its role in meeting projected load growth across the region.

Utility-scale solar entering the Kentucky grid

Once completed, the facility will deliver 120 MW of solar generation directly into Kentucky’s bulk power system, where it will support residential, commercial, and industrial demand across the LG&E and KU service areas.

Rather than serving a single off-taker, the project will function as a grid-supply resource, helping offset peak demand periods and diversify the region’s generation mix as energy consumption continues to grow.

Construction timeline and operation outlook

Construction mobilization is expected to begin immediately following financial close, with commercial operation targeted for fall 2027. Once operational, the project will become part of the utilities’ broader generation portfolio, contributing long-term renewable capacity to the Kentucky grid.

Part of a growing U.S. renewable pipeline

The project is one of several utility-scale developments advancing across the United States as power demand increases and utilities expand investment in renewable energy infrastructure. It also reflects a broader shift toward long-term contracted solar capacity designed to support grid stability and energy transition goals.

In Kentucky, the addition of this 120 MW facility represents a measurable step in expanding renewable penetration while reinforcing system reliability for thousands of customers across the LG&E and KU network.

The Frontier Solar PV Project will help improve grid stability amid rising power demand in Kentucky, alongside emerging large-scale developments such as the Muskie Data Campus, now advancing toward construction following the TeraWulf acquisition.

Nationally, this project reflects a broader national trend of accelerated solar power construction across the United States, where developments are increasingly split between direct grid-supporting assets and long-term corporate energy supply agreements. In Oklahoma, Google has signed a 200 MW power purchase agreement tied to a 250 MWdc solar project in LeFlore County, highlighting the growing role of data center demand in shaping new generation capacity.

Factsheet: Frontier Solar PV Project (120 MW) Reaching Financial Close

Project Overview

  • Project name: Frontier Solar PV Project
  • Capacity: 120 MW (AC)
  • Technology: Utility-scale solar photovoltaic (PV)
  • Location: Washington County and Marion County, Kentucky, USA
  • System role: Grid-connected generation asset

Key Milestone

  • The Frontier Solar PV Project has reached financial close, securing full project financing.
  • This milestone advances the project from late-stage development into full construction execution.
  • Construction mobilization will now proceed, including engineering, procurement, and site preparation.

Offtaker

The project will supply electricity into the Kentucky power grid through:

  • Louisville Gas and Electric Company
  • Kentucky Utilities Company
  • Power will feed the regional transmission grid
  • Energy will support residential, commercial, and industrial demand across both service territories
  • The project functions as a grid-supply resource, not a behind-the-meter facility

Commercial Structure

  • Developed under a Build-Transfer Agreement (BTA) with LG&E and KU
  • Project will be transferred to the utilities after construction completion
  • Designed to integrate directly into utility-owned generation portfolio

Regulatory Approval

  • Approved by the Kentucky Public Service Commission (PSC) in 2023
  • Included under the utilities’ long-term planning through a Certificate of Public Convenience and Necessity (CPCN) filing

Financing

  • Financial close supported by a consortium of major lenders:
    • ING Capital LLC
    • Natixis Corporate & Investment Banking
    • HSBC
  • Financing reflects strong confidence in utility-scale solar infrastructure and long-term contracted energy assets

Construction Timeline

  • Construction start: Following financial close (mobilization underway)
  • Commercial operation date: Expected Fall 2027

System Impact

Once operational, the Frontier Solar PV Project will:

  • Add 120 MW of renewable generation capacity to the Kentucky grid
  • Support peak demand across LG&E and KU service areas
  • Strengthen grid reliability and energy diversification
  • Reduce reliance on conventional generation during high-load periods

Strategic Importance

  • Supports utility-scale renewable expansion in Kentucky
  • Aligns with long-term load growth planning in the region
  • Contributes to broader U.S. transition toward grid-connected solar generation

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