Generate Capital Closes $117-Million in Financing for Community Solar

Generate Capital, a prominent investor, owner, and operator of critical infrastructure, announced the closing of a $117 million term debt facility with MUFG on September 15. This financing is earmarked for generating Capital's Community Solar Fund 11, which comprises 18 projects and 114 MW of solar capacity spread across Illinois and New York. This marks Generate Capital's first community solar financing partnership with MUFG, further broadening the company's roster of reputable institutional financing allies.

The newly secured facility bolsters Generate Capital's commitment to advancing community solar infrastructure, thereby enhancing accessibility to dependable and economical power for both communities and businesses. In a statement, Ed Bossange, Generate Capital's Chief Capital Formation Officer, expressed that this partnership not only bolsters the financing network but also bolsters capital availability to fuel the ongoing expansion of Generate Capital's community solar platform.

This transaction aligns with the significant financing momentum observed in the first half of 2026. Generate Capital successfully sealed approximately $1.4 billion in financing commitments during this period across a varied portfolio of infrastructure investments, including community solar, battery energy storage systems, and energy efficiency measures.

The highlights of the first half encompassed the closure of a 104-MW community solar portfolio alongside Monarch Private Capital, supporting over 15 community solar projects projected to yield around $200 million in investment tax credits. Additionally, Generate Capital secured a $61 million senior secured U.S. Private Placement to finance energy efficiency projects for a leading industrial entity, marking its inaugural 4(a)2 U.S. Private Placement.

Generate Capital's recent financing activities underscore the sustained institutional appetite for high-caliber infrastructure assets characterized by enduring contracted cash flows, as well as the firm's prowess in engineering financing arrangements across multiple infrastructure domains.