FinancingClosedPress / newsMarch 31, 2026

Dimension Energy 25-project community solar portfolio — 132 MW across Illinois, New Jersey, New York, Pennsylvania

Dimension Energy closes $650M financing package for 25-project community solar portfolio — the company's largest-ever transaction. Financing: $415M debt (First Citizens Bank, MUFG, ING Capital, National Bank of Canada) + $235M tax equity (Franklin Park Infrastructure, a first-time partner). Portfolio spans 132 MW across Illinois, New Jersey, New York, and Pennsylvania; serves approximately 35,000+ community solar customers.

Share on LinkedIn Source: BusinessWire / Dimension Energy →

$650M

Deal Value

132MW

Capacity

Solar

Technology

Multi-state

Location

Project: Dimension Energy 25-project community solar portfolioAsset profile →

MarketsSolar PJM

Deal Details

Deal Type: Project Finance
Seller / Sponsor: Dimension Energy
Buyer / Financier: First Citizens Bank, MUFG, ING Capital, National Bank of Canada, Franklin Park (tax equity)
Deal Value: $650M
Stage: Construction / Operating
ISO/RTO: NYISO, PJM
Source: BusinessWire / Dimension Energy

Capital Structure

$650M

Total transaction value

Debt$415M64%

Tax Equity$235M36%

Tranches

Construction & Term Debt · First Citizens Bank, MUFG, ING Capital, National Bank of Canada: $415M
Tax Equity · Franklin Park: $235M

Service Providers

Advisory & Legal

Lender Counsel: Foley & Lardner

Finance Counterparties

Lenders & Capital Providers

Lead Arranger: First Citizens Bank, MUFG, ING Capital, National Bank of Canada
taxEquityProvider: Franklin Park
notes: Debt $415M / Tax equity $235M.