Dimension Energy has secured $857 million of additional capital to expand its distributed solar platform as the Partners Group-owned company works toward reaching 1 GW of operating assets by 2028. The financing consists of a $200 million increase to Dimension’s corporate credit facility and a separate $657 million construction-to-term debt and tax equity package. Nuveen Energy Infrastructure Credit and funds and accounts managed by HPS Investment Partners are lead lenders on the corporate facility.
The $200 million increase brings Dimension’s total corporate credit facility to $650 million.
The capital will give the company additional flexibility to move distributed solar projects from development into construction.
The separate $657 million financing will support 29 distributed solar projects totaling 149 MW across Illinois, New Jersey, New York, Pennsylvania and Virginia.
Advantage Capital is serving as the tax equity investor.
MUFG Bank, First Citizens Bank, ING Capital and National Bank of Canada are coordinating lead arrangers for the debt financing, while Fifth Third Bank is serving as joint lead arranger.
The new capital follows a separate $650 million portfolio financing completed earlier in 2026.
Dimension currently owns more than 600 MW of distributed energy assets that are operating or under construction.
Since inception, the company has developed more than 1 GW of assets and invested more than $2 billion across its approximately 600 MW operating and construction portfolio.
The latest financing is intended to support Dimension’s goal of reaching 1 GW of operating capacity by 2028.
Dimension is owned by Partners Group, which manages approximately $185 billion in assets.
KEY QUOTES:
“These new commitments from our financing partners reflect the strength of our platform. This capital will enable us to keep scaling with discipline and speed at a moment when demand for distributed power has never been higher.”
Rafael Dobrzynski, Co-Founder and Chief Executive Officer of Dimension Energy
“Dimension has built a distributed solar platform with the execution discipline and portfolio quality that gives us confidence to scale alongside them.”
“With power demand accelerating and transmission and distribution costs rising alongside generation costs, distributed solar is well positioned to deliver reliable power closer to load.”
Don Dimitrievich, Global Head of Nuveen Energy Infrastructure Credit
“We’re pleased to partner with Dimension Energy as the company continues to scale its distributed solar platform. The Dimension team has built a strong track record of moving quality projects from development through construction.”
Tom Bitting, Managing Director at Advantage Capital
“MUFG is pleased to support Dimension Energy’s latest solar portfolio, which will provide long-term sustainable energy to various communities across the U.S.”
Fred Zelaya, Managing Director at MUFG
