DSD Renewables Raises $155M in Debt Financing
Summary
DSD Renewables, Schenectady, NY-based company that offers clean energy solutions, raised $155M in Debt funding for the first commercial and industrial (C&I) solar asset-backed securitization (ABS). The company intends to use the funds to pay down existing debt on its assets and support its business growth on the project origination and acquisitions front. DSD Renewables provides organizations with solutions to harness clean energy while building a more sustainable future. With capabilities including development, structured financing, project acquisition and long-term asset ownership, the company accelerates the deployment of renewable energy resources and creates value for commercial, industrial, and municipal customers and partners. To date, the company has raised over $1.5 billion in funding to support its growth and accelerate solar project deployment.