Distributed Solar closes $300 million debt facility

By Taylor Fox

New York, Jan. 26 – Distributed Solar Development closed a $300 million debt facility financed by Credit Suisse, according to a news release.

This financing is aligned with Distributed Solar’s 2021-2022 projects under development and flexible enough to support its anticipated scale of growth.

The 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.

Distributed Solar Development is a clean energy company based in Schenectady, N.Y.

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