Dimension Energy secures $128M solar credit deal in seven US states

A $128M credit transfer between Dimension Energy and a major buyer advanced 122 MW DC of new community solar in seven US states.

By Nandini Yelabaka 01 Apr 2025 in Business Bytes

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The 30 community solar projects have been backed by major lenders including First Citizens Bank and Siemens. Image Source: Dimension Energy

Dimension Energy, a community solar developer headquartered in Atlanta, Georgiahas finalized a $128 million tax credit transfer agreement with a Fortune 500 company. The deal covers a 30 community solar projects, totalling 122 MW DC portfolio across seven U.S. states, including New York and Virginia. The projects are expected to deliver solar energy to over 17,000 households that otherwise lack direct rooftop access. Construction financing was secured from First Citizens Bank, ING, National Bank of Canada, Comerica, Cadence, Denham, and Siemens. The initiative reflects an ongoing trend in leveraging transferable tax credits to support distributed solar growth in the US.

#Delaware #TaxCreditTransfer #CommunitySolar #Reunioninfrastructure #DimensionEnergy

Advertisment {'id': '67ec2c698fa782b19c7b9805', 'source_name': 'DimensionEnergy', 'source_link': 'https://www.dimension-energy.com/news-article/dimension-energy-enters-agreement-to-sell-128m-in-tax-credits-from-122-mwdc-community-solar-portfolio', 'contact_name': 'DimensionEnergy', 'contact_email': '[email protected]'}

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