GS Power Partners, a distributed generation independent power producer focused on clean energy, announced it has secured a $250 million investment from Deutsche Bank to support its growth strategy and project development pipeline.
The debt facility will be used to establish a centralized corporate capital platform, enabling the company to fund projects more efficiently as they progress through development and pre-construction stages. The financing is designed to provide flexible and consistent capital allocation across high-value solar and storage opportunities.
Founded in 2015, GS Power Partners owns and operates more than 400 megawatts of solar assets, primarily across the Northeast and Midwest, serving commercial, industrial, and community customers. The company is backed by global investment firm CVC DIF.
Deutsche Bank served as lead lender and arranger for the transaction and will syndicate the facility. Deutsche Bank Trust Company Americas is acting as administrative agent, while Wilmington Trust serves as collateral agent. Marathon Capital advised GS Power Partners on the transaction, with legal counsel provided by Morgan, Lewis & Bockius LLP and White & Case LLP.
The financing marks a significant step in GS Power Partners’ effort to scale its distributed generation platform and expand its portfolio of renewable energy projects across the U.S.
KEY QUOTES:
“We’ve built a management team with deep experience driving growth in the distributed generation solar sector, enabling us to execute with financial rigor and discipline and earn the trust of leading global financial institutions. The commitment from Deutsche Bank validates the strength of the platform we’ve built and reflects a strong alignment around partnering with best-in-class capital providers and teams. With their support alongside our existing partners, we are well positioned to invest across our platform, accelerate disciplined growth, and strategically expand our portfolio while originating and delivering high-quality distributed solar and storage projects at scale for our partners, customers, and the communities we serve.”
Jason Kuflik, Founder and Chief Executive Officer, GS Power Partners
“GS Power Partners has built a strong platform in the distributed generation clean energy sector. Our investment reflects our confidence in the GS Power team and their ability to scale high-quality renewable energy projects. Deutsche Bank is proud to support their continued growth.”
Jeremy Eisman, Head of Infrastructure and Energy Financing, Deutsche Bank
