Dimension Energy has secured $650 million in construction and term financing to support a 132 MW portfolio of 25 community solar projects across Pennsylvania, New York, New Jersey, and Illinois. The funding consists of $415 million in debt financing provided by First Citizens Bank, MUFG, ING Capital LLC, and National Bank of Canada. Franklin Park contributed $235 million in tax equity for the project. CRC-IB served as financial advisor to Dimension Energy.
In September 2025, Nautilus Solar Energy closed a $275 million long-term debt facility. The financing will support the development of more than 25 community solar projects expected to become operational within the next year across Illinois, Maryland, Delaware, New York, and Rhode Island. These projects will reportedly add over 130 MW of capacity to local grids. Additionally, they will expand Nautilus’s total operating and managed portfolio to 700 MW.
In June 2025, Dimension Energy secured a $360 million construction and term financing for a new 112 MWdc portfolio. The portfolio consists of 28 community solar projects in the states of New Jersey, Illinois, Delaware, Virginia, Maine, and Pennsylvania in the US. First Citizens Bank acted as lead debt syndicator, along with ING, MUFG, National Bank of Canada, Siemens, Cadence, and Comerica. Additionally, Advantage Capital provided $170 million in tax equity.
