Radial Power, an affiliate of energyRe, and Lotus Infrastructure Partners have closed $355 million in tax equity and debt financing with Goldman Sachs. The financing supported about 214 MW of distributed solar capacity across 106 projects in the US. The financing covered development, construction and operation, with Goldman Sachs acting as the sole lender and tax equity investor.The portfolio included commercial and community solar projects across multiple markets, with commercial operation dates expected between December 2025 and 2026. Some projects were expected to qualify for domestic content and energy community investment tax credit adders under the Inflation Reduction Act. The transaction provided long-term institutional capital to monetize federal tax incentives across a diversified, multi-market distributed solar portfolio. Marathon Capital served as financial advisor, Latham & Watkins LLP advised Radial Power and Vinson & Elkins LLP advised Goldman Sachs.

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