With the investment, Energix is projected to have 640 MW (DC) of operational projects by the end of 2023. The company said the expansion would contribute to the company's investment in American energy infrastructure, approaching a total of $1 billion, and also strengthen the solar workforce in the Mid-Atlantic and promote sustainable energy solutions across the region. "Energix is delighted to further strengthen its longstanding partnership with Morgan Stanley. This continued collaboration reinforces Energix's position as a leading independent power producer in the US market," stated Asa (Asi) Levinger, CEO of Energix. The recent transaction marks the third tax equity deal between Energix and Morgan Stanley. The company has established a new partnership with Santander CIB, expanding its collaboration to the U.S. The alliance aims to leverage Santander's extensive network and resources, allowing Energix to expand its footprint.