PV - Distributed Solar Development closes $300 million debt

PV - Distributed Solar Development closes $300 million debt facility to support solar innovation - Renewable Energy Magazine, at the heart of clean energy journalism


Courtesy of NREL
The financing is aligned with DSD’s 2021-2022 projects under development and flexible enough to support its anticipated scale of growth.
“Our team’s ability to map out projects is among the best in the industry” said Erik Schiemann, CEO at DSD. “The fact that our pipeline is developed to the point where we can sustain two-year availability with a leading global financial institution is a clear indication of how renewable energy is driving business as well as environmental responsibility.”
The Credit Suisse debt facility will be used to finance a broad range of commercial and industrial projects and distributed generation assets and will accommodate multiple tax equity partnerships and structures.

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