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Funding

The financing consists of $75 million in construction-to-term from MUFG Bank and a $105 million tax equity commitment from Wells Fargo.
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  • Tag: Funding
Zelestra Closes $176 Million Financing for Babilonia Solar Project

Leeward Renewable Energy Secures Funding for 200 MW Solar Project in Texas

  • March 17, 2023
  • Sohini Aich
  • Solar

Leeward Renewable Energy, a renewable energy project developer, closed $280 million in financing for its 200 MW  Horizon solar project in Frio County, Texas. The

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Independent Power Producer Amarenco Raises $321 Million

  • March 16, 2023
  • Arjun Pradeep
  • Solar

Amarenco, an independent power producer, secured €300 million (~$321 million) in funding. The funding round was led by Arjun Infrastructure Partners, a European asset manager,

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Funding and M&A Roundup: Okovate Acquires Assets of Fundusol

Funding and M&A Roundup: Navisun Raises $235 Million for Solar Projects

  • March 15, 2023
  • Arjun Pradeep
  • Solar, Storage

Navisun, an independent power producer, announced it has secured up to $235 million in debt financing through two facilities. The funding will support the company’s

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OYA Renewables Secures $216 Million Loan for Solar Projects

Navisun Secures $235 Million Debt for Solar and Storage Projects in the US

  • March 14, 2023
  • Sohini Aich
  • Solar

Navisun, an independent power producer, secured up to $235 million in debt financing through two facilities. The funding will support the company’s growth strategy, allowing

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Scale Microgrids Raises $225 Million to Scale Up its Distributed Energy Solutions

  • March 14, 2023
  • Arjun Pradeep
  • Smart Grid

Scale Microgrids, a commercial-scale distributed energy developer, announced closing its $225 million debt facility, which will help the company build and operate future projects. The

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Funding and M&A Roundup: Solar Solutions Provider Palmetto Raises $150 Million

  • March 09, 2023
  • Arjun Pradeep
  • Solar, Storage

Palmetto, a provider of solar-based software solutions, announced $150 million in funding from TPG Rise Climate, investing strategy of TPG’s global impact investing platform TPG

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Project Finance Brief: Arevon Secures $920 Million for 1.2 GWh Battery Project

Residential Solar Solutions Provider Palmetto Raises $150 Million

  • March 07, 2023
  • Sohini Aich
  • Solar

Palmetto, a provider of residential solar solutions, raised $150 million in funding from TPG Rise Climate, an investing arm of TPG Rise, a private equity

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OYA Renewables Secures $216 Million Loan for Solar Projects

OYA Renewables Secures $216 Million Loan for Solar Projects

  • March 03, 2023
  • Staff
  • Solar

OYA Renewables, an independent power producer, secured a $216 million loan for constructing 15 community solar development projects throughout New York state. Of the $216

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Solar Projects Developer Industrial Sun Receives $90 Million in Funding

  • March 03, 2023
  • Arjun Pradeep
  • Storage

Energy-focused private equity firm EIG Partners has invested $90 million in Industrial Sun, a utility-scale solar projects developer owned by U.S. clean energy company Modern

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Funding and M&A Roundup: EO Charging Raises $80 Million in Equity Funding

  • March 01, 2023
  • Arjun Pradeep
  • Solar, Storage

EO Charging, a Britain-based electric vehicle charging solutions company, secured $80 million in equity funding from Vortex Energy and Zouk Capital. Over the past three

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