Sunraycer Renewables secures $200 million for 4 GW PV portfolio

Sunraycer Renewables LLC, headquartered in the US and specializing in renewable energy, has secured a $200 million credit facility from HPS Investment Partners. The financing will support Sunraycer’s 4 GW portfolio of solar and battery storage projects in the ERCOT and MISO regions. These funds will cover pre-notice to proceed development, capital expenditures, and construction equity for current projects, along with enabling new acquisitions. Sunraycer plans to acquire 3 GW to 4 GW of early-stage projects in CAISO, PJM, and MISO as part of its expansion strategy. The company aims to deliver 1 GW of operating assets annually by collaborating with leading equipment providers and contractors. Through its Accelerant Program, Sunraycer offers flexible capital solutions to smaller developers and provides access to institutional operations and maintenance, energy management, and generation management services.