Avantus has signed a 20-year power purchase agreement (PPA) with Clean Power Alliance (CPA) for the Rexford 2 solar and battery energy storage system (BESS) project. The project is located in Tulare County, California.  It will combine 200 MWac of solar generation with 200 MW/800 MWh of battery energy storage. Additionally, it will supply enough clean electricity to power around 84,000 homes.

Furthermore, the project construction is scheduled to commence in 2027, with operations expected in late 2028 and PPA deliveries starting in May 2029. Avantus will own and operate the project as part of its IPP strategy, while Fluence will supply its Smartstack™ BESS for the project.

In July 2026, Avantus secured approximately $525 million in financing for the Aratina 2 solar and BESS project located in Kern County, California. The project financing was provided by BBVA, CIBC, and Santander. It includes construction funding, a tax equity bridge loan, and letters of credit. The project, currently under construction, will deliver 150 MWac of solar capacity and 452 MWh of BESS capacity by the end of 2026.