December 11, 2024

CRC-IB Advises Dimension in Raising Preferred Equity and Debt Financing for 122MWdc Distributed Generation Solar Portfolio

Dimension Energy (Dimension), a leading community solar developer and operator, has successfully raised preferred equity and construction debt financing for a 122MWdc distributed generation portfolio. Spanning 30 projects across DE, IL, ME, NJ, NY, PA, and VA, the portfolio will supply energy to both commercial and industrial (C&I) customers and community solar subscribers.

CRC-IB acted as exclusive financial advisor to Dimension on the transaction.

 

“This achievement underscores Dimension’s commitment to providing clean energy to local communities across the U.S.,” said Conor McKenna, CRC-IB Partner & Senior Managing Director. “CRC-IB is proud to continue supporting impactful growth in the C&I and community solar sector.”

 

For more information on this transaction, please contact Conor McKenna.

About Dimension Energy

Dimension Energy is a leading community solar developer, owner, and operator. Dimension has executed more than 600 megawatts (MW) of community solar since its 2018 founding. The company plans to invest over $3 billion over the next 5 years, will have more than 800 MW in pre-construction-to-operations by the end of 2025, and 2.8 GW under development across 13 markets. In the communities where we invest, our projects deliver clean energy, local jobs, tax revenue, and savings, alongside other benefits including workforce development and educational opportunities. Dimension is making clean energy work for everyone. Learn more at www.dimension-energy.com.