Financing

Vesper Energy Finalizes $592M Hornet Solar Debt Syndication

Vesper Energy has finalized construction and term loan syndication, representing $592 million in investments, for its 600 MW Hornet Solar project located in Swisher...

Macquarie Asset Management, Sol Systems Invest $85M in Midwest Solar

Macquarie Asset Management and Sol Systems have jointly invested $85 million in support of the construction and operation of five utility-scale solar projects in...

Recurrent Energy Closes on $500M BlackRock Investment

Canadian Solar subsidiary Recurrent Energy has closed on a BlackRock investment funding its platform, totaling $500 million once fully complete. The investment will represent 20%...

Orsted Receives $680 Million in Financing for Solar + Storage

Ørsted has received an investment from J.P. Morgan for $680 million in tax equity financing for a portfolio of solar and storage assets in...

EnFin Closes Inaugural $253 Million ABS Transaction

EnFin by Qcells, Qcells’ residential solar financing platform, has completed its first asset-backed securities (ABS) transaction, totaling $252.8 million.  The transaction comprises bonds backed by...

KKR Provides $300M Corporate Credit Facility to Origis Energy

Vehicles and accounts managed by KKR’s insurance business have provided a $300 million corporate financing facility to Origis Energy.  Proceeds from the facility are set...

PosiGen Nabs Second Funding Commitment From Brookfield

PosiGen has received a $150 million expanded commitment through a direct lending infrastructure fund managed by Brookfield Asset Management.  Brookfield and PosiGen began working together...

BrightNight, Cordelio Power Close on Financing for Arizona Box Canyon Project

BrightNight and Cordelio Power have secured a $414 million construction credit facility for their 300 MW Box Canyon solar power project in Pinal County,...

EnCap Energy Transition Closes $1.5 Billion Fund

EnCap Energy Transition has closed its Energy Transition Fund II (EETF II) with $1.5 billion in commitments, the company says.  EnCap has made investment commitments...

energyRe Secures Financing, Tax Equity Commitment for Lone Star Project

energyRe has secured $155 million in project financing and a $85 million tax equity commitment for its 108 MW Lone Star Solar project and...

M&T Bank, Sunstone Credit Launch Program to Increase Solar Financing Access

Sunstone Credit has launched a joint program with M&T Bank that aims to give more businesses access to solar loan financing. By collaborating with M&T...

Agilitas Energy Closes on Financing to Accelerate Energy Storage Platform Growth

Agilitas Energy has closed on $100 million in debt financing to fund its expansion and build-out of solar and energy storage project construction. Nomura Securities...

SolaREIT, NineDot Energy Close on BESS Portfolio Financing

SolaREIT has closed $13 million in real estate financing for a portfolio of NineDot Energy's New York City area-based BESS projects.  This is SolaREIT's first...

Origis Energy, MUFG Close on Financing for Florida Municipal Solar Project

Origis Energy has closed on a $136 million construction financing facility and conversion to term loan with MUFG for its Rice Creek Solar project...

Nexamp Raises $520M in Capital to Power Renewables Growth

Nexamp has secured $520 million in a capital raise led by Manulife Investment Management, alongside existing investors Diamond Generating Corp. and Generate Capital.  The company...

Doral Renewables Secures Debt Financing For Great Bend Solar Project

Doral Renewables has successfully closed on $114 million in construction debt financing for its Great Bend Solar project, with HSBC acting as sole lender. The...

Barclays, Lightsource bp Agree to Tax Equity Deal for Louisiana Project

Barclays and Lightsource bp have committed to a $140 million tax equity transaction slated to finance construction of the 180 MW Prairie Ronde solar...

Primergy Secures Financing, PPA with Microsoft for 408 MW Solar Project

Primergy Solar has closed commitments for $588 million in debt financing for the 408 MW Ash Creek Solar project in Hill County, Texas, while...

Longroad Energy Closes Financing on 220 MW Serrano Project

Longroad Energy has announced the financial close of Serrano, its 220 MW solar and 214 MW storage project in Pinal and Pima counties, Ariz.,...

Sol Systems Secures Financing for Illinois PV Project

Sol Systems has completed financing for its Eldorado Project in Saline County, Ill., which is expected to utilize domestically manufactured solar panels and racking...

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