SolAmerica Energy Secures $100 Million Credit Facility to Boost Solar Development Initiatives - Third News
Summary
SolAmerica Energy secured a $100 million revolving credit facility from Deutsche Bank to expand its solar development pipeline. The company plans to use the capital to develop new projects, buy equipment such as solar modules and inverters, and build additional solar facilities. SolAmerica Energy says the financing strengthens its ability to grow distributed generation assets across its target U.S. markets. The company also highlighted its recent financing history and its partnership with AB CarVal as it scales its renewable energy platform.
Funding
Amount
$100.0M
Total raised
Date
August 18, 2025
Announcement date
Investors
AllianceBernstein, Key Equipment Finance
Lead investors
Company
solamericaenergy.com
Funded company
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