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Sunraycer Renewables closed a $200 million financing facility led by HPS Investment Partners to support the development of its 4 GW portfolio of solar and battery projects.

Mar 06, 2025•6 months ago

Amount Raised

$200 Million

AnnapolisClean EnergyBiomass EnergySolarRenewable EnergyEnergy

Investors

Hps Investment Partners

Description

Sunraycer Renewables LLC announced the closing of a $200 million credit facility with HPS Investment Partners. The financing will help develop Sunraycer's 4 GW solar and battery project portfolio and support the acquisition of new projects.

Company Information

Company

Sunraycer

Location

Annapolis, Maryland, United States

About

Sunraycer is a rapidly-growing renewable energy platform based in Annapolis, Maryland. The company focuses on developing and owning utility-scale solar and battery energy storage systems, with a goal of simplifying the development process for renewable energy projects. Sunraycer partners with leading industry providers to deliver reliable clean energy solutions. Furthermore, it aims to eliminate financing challenges for developers in the renewable energy sector.

FundzWatch™ Score

73
Medium Activity

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Funding Insights

Based on industry data
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
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