Generate Capital Secures $117 Million in Financing for Community Solar Projects
Generate Capital has secured a $117-million term debt facility with MUFG to finance its community solar projects. This marks Generate's first financing deal with the bank and supports its Community Solar Fund 11, which includes 18 projects totaling 114 MWdc in Illinois and New York. The funding is part of a broader capital formation momentum for Generate Capital in 2026, during which it closed approximately $1.4 billion across various infrastructure investments such as community solar, battery energy storage systems, and energy efficiency. The financing reflects strong institutional demand for high-quality infrastructure assets with long-term cash flows. Ed Bossange of Generate Capital highlighted the significance of expanding their partner network to support growth in renewable energy solutions.
