Parsons Behle & Latimer was pleased to represent Truist Bank in an equity financing commitment with rPlus Energies to support rPlus Energies' Pleasant Valley Solar 2 project, a 125-megawatt (MWac) solar facility in Ada County, Idaho. The transaction provided approximately $100 million in tax equity financing commitment and was announced on Sept. 8, 2025.
Parsons' Helena Office Managing Shareholder Tara Rice who served as Parsons' lead attorney on the transaction says, "We have been proud to work on the Pleasant Valley Solar 2 project, an important energy project in the Mountain West.” Rice focuses her practice in banking and financial services; real estate; corporate; and renewables; and uses her deep experience in the public and private sectors to help clients build great projects, such as this.
rPlus Energies said in its press release that the project represents an investment of more than $175 million in Idaho. Read rPlus Energies' press release here to learn more.
