CRC-IB Advises ForeFront Power on its Ninth Fund, Accelerating the Company’s Development Pipeline for Distributed Clean Energy Generation
Fund Includes Debt Financing and Partial Equity Sell-Down of 95 MW Distributed Generation Portfolio
CRC-IB has advised ForeFront Power in raising structured debt financing and executing a partial equity sell-down of a 95 MW behind-the-meter distributed generation portfolio spanning four U.S. states. The capital will enable ForeFront Power to advance construction of its development pipeline over the next two years while deploying cash to support continued platform growth.
CRC-IB served as exclusive financial advisor on the transaction, which closed with participation from a syndicate of global lenders and a strategic international energy investor.
“This transaction reflects growing demand for M&A and financing structures that allow leading developers to scale while retaining strategic optionality,” said Britta von Oesen, CRC-IB Partner & Senior Managing Director. “We are proud to work alongside exceptional sponsors and capital partners who are advancing the next phase of distributed generation growth.”
“ForeFront Power’s ninth fund builds on the best features of our prior transactions—closing efficiency, flexibility, and repeatability—along with a market-leading cost of capital from reliable investors and lenders,” said ForeFront Power’s CFO, Bryan Eckstein. “Closing this fund provides the certainty and stability required for ongoing distributed energy resource development for our customers.“
For additional details on this transaction, please contact Britta von Oesen.
About ForeFront Power
ForeFront Power is a leading provider of energy solutions and advisory services. This includes commercial and industrial-scale (C&I) solar energy and battery storage projects in the U.S. and Mexico, as well as fleet electrification and asset management services. With over 15 years of experience, the ForeFront Power team has developed more than 1,900 behind-the-meter and community solar projects, totaling more than 1.6 gigawatt-DC of renewable electricity. In addition to project development and asset management, ForeFront Power provides strategic advisory services that help organizations navigate complex energy decisions—from sustainability and procurement planning to renewable project implementation. The company serves a wide array of business, government, education, healthcare, and community solar customers from its San Francisco headquarters and through teams based in New York, Mexico City, and across the U.S. For additional information, please visit www.forefrontpower.com.
Media Contact
James Cortese
ForeFront Power
media@forefrontpower.com
