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U.S. Distributed Solar Developers Secure Over $438 Million in New Funding

DSD Renewables and GDEV Management Raise Capital to Expand Residential, Commercial, and Community Solar Projects
By 2 Mins Read
Credit: DSD Renewables

Two U.S.-based distributed solar developers announced major financing deals this week, signaling continued investor interest in behind-the-meter renewable energy projects. DSD Renewables said it closed $238 million in long-term financing from First Citizens Bank, Mitsubishi UFJ Financial Group and Nomura to support 233 megawatts (MW) of operational distributed solar and energy storage projects across 12

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