PosiGen, a provider of renewable energy and efficiency solutions for low- and moderate-income families, has announced a new $250 million debt facility structured by a direct lending infrastructure fund managed by Brookfield Asset Management.
This funding commitment will fuel the company’s expansion into additional markets nationwide, with a direct focus on serving households with high energy burdens who stand to benefit the most from transitioning to clean energy.
PosiGen works to close the clean energy affordability gap by making solar and energy efficiency available to all homeowners regardless of income. To date, more than 25,000 PosiGen customers enjoy lower utility bills combined with the benefits of clean energy.
“This new partnership with Brookfield will allow PosiGen to help even more underserved communities by making solar and energy efficiency available to households traditionally unable to access these benefits,” said Thomas Neyhart, CEO of Posi