112 MWdc portfolio of 28 community solar projects across NJ, IL, DE, VA, ME, PA
Dimension Energy's largest construction and term financing. First Citizens Bank as lead debt syndicator alongside ING, MUFG, NatBank Canada, Siemens, Cadence, Comerica. Advantage Capital: $170M tax equity. CRC-IB as exclusive financial advisor. Third major financing that year. 500+ jobs created. Dimension has executed 700+ MW since 2018 founding.
$360M
Deal Value
112MW
Capacity
Solar
Technology
NJ, IL, DE, VA, ME, PA
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Dimension Energy
- Buyer / Financier
- First Citizens Bank, ING, MUFG, National Bank of Canada, Siemens, Cadence, Comerica, Advantage Capital
- Deal Value
- $360M
- Stage
- Construction
- ISO/RTO
- PJM, MISO, ISO-NE
- Source
- Dimension Energy
Service Providers
Advisory & Legal
- Financial Advisor
- CRC-IB
Finance Counterparties
Lenders & Capital Providers
- leadDebtSyndicator
- First Citizens Bank
- debtParticipants
- INGMUFGNational Bank of CanadaSiemensCadenceComerica
- taxEquityProvider
- Advantage Capital
- taxEquityAmount
- $170M
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