214 MW distributed solar portfolio — 106 projects
Combined tax equity and debt financing for 106 commercial and community solar projects. CODs expected through 2026.
$355M
Deal Value
214MW
Capacity
Solar
Technology
Multi-state
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Radial Power
- Buyer / Financier
- Goldman Sachs
- Deal Value
- $355M
- Stage
- Under Construction
- ISO/RTO
- Multiple
- Source
- Business Wire
Capital Structure
$355M
Total transaction value
Tranches
- Tax equity and debt financing (combined, Goldman End-to-End Distributed Generation structure; split not disclosed) · Goldman Sachs (sole lender and tax equity investor)
- $355M
Service Providers
Advisory & Legal
- Sponsor Counsel
- Latham & Watkins
- Investor Counsel
- Vinson & Elkins
- Financial Advisor
- Marathon Capital
Finance Counterparties
Lenders & Capital Providers
- Tax Equity
- Goldman Sachs
- Project Debt
- Goldman Sachs
Related Deals
Goldman Sachs Renewable Power LLC fund — $1.4B+ deployed by Sept 2019
Goldman Sachs Asset Management
$1.4B+ deployed
GoodLeap Sustainable Home Solutions Trust 2021-3 — $417M residential solar/sustainable home improvement loans
Lime Residential / Credit Suisse-affiliated SPV → Goldman Sachs and Credit Suisse (joint bookrunners)
$417M
Slate Solar+Storage — 390 MW solar PV + 561 MWh battery storage, Kings County CA
Goldman Sachs Renewable Power (owner) — Recurrent Energy / Canadian Solar (original developer) → BART, Central Coast Community Energy (3CE), Power & Water Resources Pooling Authority, Silicon Valley Clean Energy, Stanford University
390 MW
8point3 Energy Partners — 944 MW solar yieldco of First Solar+SunPower JV
Capital Dynamics
$977M ($12.35/share)
SoCore Energy — 150 MW operating/UC + 170 MW pipeline C&I/distributed solar (20+ states)
ENGIE North America
320 MW
Mira Loma Battery Storage Facility — 20 MW / 80 MWh Li-ion (~400 Tesla Powerpacks)
Tesla → Southern California Edison
20 MW
Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.