Radial Power has closed on $225 million in debt financing from ATLAS SP Partners (ATLAS SP) to support Radial Power operating platform, which consist of distributed generation projects, encompassing both asset- and portfolio-level, turnkey integrated commercial & industrial (C&I) and community solar solutions for real estate customers. The transaction represents Radial Power’s inaugural portfolio-level debt financing.
This debt facility, alongside Radial Power’s previously announced tax equity financing from Bank of America, will help fund the initial development and installation of more than 100 megawatts of C&I and community solar projects nationally. It will also enable efficient access to the liquid ABS
