GS Power Partners, an independent power producer and solar project developer backed by CVC DIF, has closed a $250 million debt facility.
Deutsche Bank acted as lead lender and arranger and is responsible for syndicating the transaction. Deutsche Bank Trust Company Americas served as the administrative agent, and Wilmington Trust served as the collateral agent.
The facility will be used to establish a centralized corporate capital platform that is expected to support GS Power’s development pipeline and long-term growth strategy.
The funding also enables the company to continue to advance projects through key development and pre-construction milestones and allocate capital dynamically to high-value opportunities.
“GS Power Partners has built a strong platform in the distributed generation clean energy sector,” said Jeremy Eisman, Head of Infrastructure and Energy Financing at Deutsche Bank. “Our investment reflects our confidence in the GS Power team and their ability to scale high-quality renewable energy projects. Deutsche Bank is proud to support their continued growth.”
Marathon Capital acted as the company’s financial adviser, while Morgan, Lewis & Bockius served as legal counsel to GS Power Partners. White & Case acted as legal counsel to Deutsche Bank.
Since 2015, the company has focused on project development in the distributed generation solar sector. It owns and operates a solar portfolio of over 400 MW, primarily located in the Northeast and Midwest, serving commercial, industrial, and community customers.
In March 2025, the company secured a $22 million term financing commitment from Amalgamated Bank. The financing package encompasses five GS Power Partners community solar projects in New York, totaling 25.5 MWdc.
According to Mercom’s Annual and Q4 2025 Solar Funding and M&A report, announced debt financing came to $16.1 billion in 2025, 14% lower compared to $18.8 billion in 2024. Securitization deals totaled $3.4 billion across nine deals.
In December, Qair, an independent renewable energy producer, announced the closing of its inaugural syndicated loan totaling €240 million (~$282 million). The loan was concluded with a consortium of 10 leading international banks, with Natixis Corporate & Investment Banking (Natixis CIB) acting as sole coordinator and documentation agent.
