Dimension Energy secures $360M for 112 MW community solar rollout

US-based Dimension Energy closed $360M financing for 112 MW solar across 6 US states with First Citizens Bank, Advantage Capital, MUFG, ING, CRC-IB, and others.

author-image
By Prudhvi Rani in America Bytes Project Bytes
New Update
2025-06-19-Dimension-pr

Dimension Energy’s 28-project portfolio in six states was backed by $360 million in debt and tax equity financing. Photograph: (Image Source: Dimension Energy)

Georgia-headquartered Dimension Energy, a community solar developer, has secured $360 million in construction and term financing to support a 112 MW (DC) community solar portfolio. The portfolio includes 28 projects across New Jersey, Illinois, Delaware, Virginia, Maine and Pennsylvania. First Citizens Bank led the debt syndication, joined by ING, MUFG, National Bank of Canada, Siemens, Cadence and Comerica. Advantage Capital provided $170 million in tax equity. The portfolio is expected to generate at least 500 jobs and support workforce development programs. This marks Dimension’s largest financing to date and its third major deal in 2025. CRC-IB served as exclusive financial advisor. The projects aim to deliver clean power and reduce costs for communities unable to install rooftop solar.This $360 million financing follows Dimension Energy’s earlier $128 million tax credit transfer that supported 122MW (DC) of new community solar projects.

#DimensionEnergy #MUFG #ING #CRC-IB
Advertisment {'id': '6853b2d16087b3ab7b68ba2e', 'source_name': 'Dimension Energy', 'source_link': 'https://www.dimension-energy.com/news-article/dimension-energy-closes-360-million-financing-package#:~:text=Atlanta%2C%20GA%20%E2%80%93%20Dimension%20Energy%20%28Dimension%29%2C%20a%20leading,New%20Jersey%2C%20Illinois%2C%20Delaware%2C%20Virginia%2C%20Maine%2C%20and%20Pennsylvania', 'contact_name': '', 'contact_email': ''}
Related Articles
Advertisment

Scan to join our channel

QR Code
Latest Stories