ClearGen, a provider of capital solutions for clean-energy projects, has acquired a portfolio of solar loans from Fundamental Advisors, an alternative asset manager focused on municipal, public purpose and community assets.
These loans, originated by Wunder, are tied to operational solar assets with an aggregate of approximately 30 megawatts throughout the United States — enough power to sustain a town of 20,000 to 25,000 average-sized U.S. homes.
ClearGen said this acquisition bolsters its existing solar loan book and aligns with its mission to drive the growth of clean energy by offering flexible financing solutions that scale renewable-energy assets.
“As part of our growth strategy, ClearGen not only continues to execute on opportunities as a trusted partner to developers, but we also routinely seek incremental acquisitions such as this one,” said Rob Howard, ClearGen CEO.
