Generate Capital closes a $117 million debt facility with MUFG to finance community solar projects, expanding access to reliable power for communities and businesses.
Amount Raised
$117 Million
Round Type
Venture - Series Unknown
Investors
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.
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