Generate Capital Secures $117 Million for Community Solar Expansion

The financing facility supports Generate’s Community Solar Fund 11, reinforcing the company's push to expand access to reliable power for businesses and local residents. Ed Bossange, Chief Capital Formation Officer at Generate, noted that the deal further diversifies the company’s institutional financing network. Fred Zelaya, Managing Director at MUFG, pointed to Generate’s established track record in managing distributed energy assets as a key driver for the partnership.

This transaction adds to a period of significant growth for Generate, which secured $1.4 billion in financing commitments during the first half of 2026. Previous activity included a $200 million investment tax credit deal alongside Monarch Private Capital and a $61 million senior secured U.S. Private Placement for industrial energy efficiency projects. These moves highlight a broader trend of institutional interest in infrastructure assets that offer long-term, contracted cash flows.