Dimension Energy Closes $360 Million Financing Package

▤ Summary

Dimension Energy secured a $360 million financing package to support a 112 MWdc portfolio of 28 community solar projects across six U.S. states. The deal combines construction and term financing, plus $170 million in tax equity from Advantage Capital. First Citizens Bank led the debt syndication, and several other lenders joined the transaction. The company says this is its third major financing this year and that it plans to keep scaling its community solar operations.

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