Nexamp, a Boston, MA-based national developer and operator of distributed solar and energy storage systems, closed a $340M private placement debt refinancing with PGIM Private Capital (PPC).
Led by CEO Zaid Ashai, Nexamp provides solar and storage solutions, including project development and acquisition, design, construction, and operations.
Over the next three years, these funds will be used to support solar and storage projects across multiple states, further bolstering the company’s efforts to bring new energy sources and job opportunities to communities nationwide. The deal intends to support solar and storage projects across multiple states, further enhance its efforts to bring new energy sources and job opportunities to communities nationwide.
In total, this refinancing covers a portfolio of 39 solar farms in seven states, representing 150 megawatts of solar generation and 37 megawatt-hours of storage.
FinSMEs
28/04/2025