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Updated on 
October 13, 2025
Nexamp Powers Ahead with $330 Million Boost to Drive Solar and Battery Energy Storage Projects Across the US
October 13, 2025
3 min read

In a bold stride toward America’s clean energy future, Nexamp has secured a staggering $330 million in financing to expand its solar and battery energy storage (BESS) footprint. This landmark deal, backed by major global financial institutions, is set to accelerate the deployment of 20 distributed renewable energy projects across multiple states. As the world races toward net-zero, Nexamp’s financial triumph underscores the growing investor confidence in sustainable energy infrastructure and its transformative potential.

Nexamp’s newly secured $330 million Construction Warehouse Facility (CWF) represents a major milestone in renewable energy financing. Structured as a three-year facility, it pools resources from leading institutions—MUFG, ING, Siemens Financial Services, and U.S. Bank National Association—to support the construction and development of solar + BESS projects nationwide. MUFG leads the charge with a $200 million commitment, while ING and Siemens Financial Services contribute $100 million and $30 million respectively. This collaboration marks a significant example of global financial powerhouses aligning behind the renewable energy transition, with U.S. Bank serving as the Collateral Agent to ensure smooth operations and accountability.

At the heart of this financing effort lies Nexamp’s strategic collaboration with Microsoft on a 300 MW community solar portfolio. This partnership not only amplifies Nexamp’s project pipeline but also highlights the role of tech giants in accelerating the renewable transition. The infusion of capital will fund 20 distributed generation assets, collectively adding more than 120 MW of clean energy capacity. With projects primarily located in Massachusetts, New York, Illinois, Maine, and Minnesota, Nexamp is broadening access to affordable clean power while reinforcing regional energy resilience. Each project, upon completion, will shift to long-term financing models such as tax equity or refinancing, ensuring sustainable growth and financial stability.

Beyond megawatts and millions, Nexamp’s initiative stands as a blueprint for democratizing clean energy access. By channeling investments into distributed generation, the company is empowering communities with locally sourced, renewable power that lowers costs and carbon emissions. The use of proceeds directly supports project development and deployment—bringing tangible environmental and economic benefits to participating regions. As the clean energy landscape evolves, Nexamp’s success story exemplifies how strategic financial partnerships can bridge the gap between ambition and action, shaping a resilient and sustainable future.

Nexamp’s $330 million financing milestone isn’t just about solar panels and batteries—it’s about igniting a renewable revolution across communities. With robust financial backing, strategic partnerships, and a clear vision for scalable impact, Nexamp is positioning itself at the forefront of America’s clean energy transformation.

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