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Generate Capital closes a $117 million debt facility with MUFG to finance community solar projects, expanding access to reliable power for communities and businesses.

PUBLIC · GENBSep 15, 20261 day ago

Amount Raised

$117 Million

Round Type

Venture - Series Unknown

San FranciscoFinancial ServicesFinance

Investors

Mufg

Description

Generate Capital announced the closing of a $117 million term debt facility with MUFG for community solar projects. This marks Generate's first community solar financing with MUFG and supports their Community Solar Fund 11. The facility will enable further investment in community solar infrastructure across Illinois and New York. Generate aims to expand access to affordable power through this partnership.

Company Information

Company

Generate

Location

San Francisco, California, United States

About

Generate is a specialized, multi-strategy investment platform that builds, owns, and operates critical infrastructure. The firm finances and delivers affordable, resilient solutions that provide essential resources to customers and communities, while supporting the nation's growing demand for power. Since 2014, Generate has raised more than $14 billion and invested in and operated assets across six key sectors: power, mobility, waste, green digital, water and agriculture, and industrial decarbonization.

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