Agilitas Energy Closes $100M Debt Financing

Agilitas Energy

Agilitas Energy, a Wakefield MA-based integrated developer, builder, owner and operator of distributed energy storage and solar photovoltaic (PV) systems, raised $100M in Debt funding.

Nomura Securities International, Inc., provided the financing.

The company intends to use the funds to further enhance its growth and continued national expansion. 

Agilitas Energy is a renewables and energy storage company that aims to accelerate the transition to clean energy on a national scale. As a integrated developer, builder, owner and operator of energy storage and solar PV systems in the northeastern U.S., it manages the entire end-to-end lifecycle of the projects that deliver predictable, cost-efficient, clean energy for off-takers, utilities and municipalities.

Its core competencies include project origination, development, project engineering, debt and tax equity financing, engineering procurement and construction (EPC) and asset management – including energy storage revenue optimization. The company has developed a proprietary bidding and forecasting model, Intelligent Power Dispatch, that helps optimize revenue by predicting market conditions in day-ahead and real-time energy markets.

Agilitas Energy is currently developing and constructing more than one gigawatt (GW) of renewable energy and energy storage projects throughout the United States, and quickly expanding its footprint nationally through greenfield origination, acquisition and strategic partnerships with high-quality developers.

FinSMEs

25/04/2024