Nautilus Solar Energy has renewed its construction debt facility with a total commitment of $600 million in US. The financing will support the construction of approximately 200 MW of community solar projects across Nautilus’s portfolio. Co-lead arrangers for the facility include National Bank of Canada Capital Markets, Royal Bank of Canada, and Export Development Canada. Additional lenders participating in the financing include Federation Des Caisses Desjardins Du Quebec, Siemens Financial Services, Huntington National Bank, and Sumitomo Mitsui Banking Corporation.
In April 2026, Dimension Energy secured $650 million in construction and term financing to support a 132 MW portfolio of 25 community solar projects across Pennsylvania, New York, New Jersey, and Illinois. The funding consists of $415 million in debt financing provided by First Citizens Bank, MUFG, ING Capital LLC, and National Bank of Canada. Franklin Park contributed $235 million in tax equity for the project
In September 2025, Nautilus Solar Energy closed a $275 million long-term debt facility. The financing will support the development of more than 25 community solar projects expected to become operational within the next year across Illinois, Maryland, Delaware, New York, and Rhode Island. These projects will reportedly add over 130 MW of capacity to local grids. Additionally, they will expand Nautilus’s total operating and managed portfolio to 700 MW.