NEW YORK–(BUSINESS WIRE)–CleanCapital, a leading independent power producer focused on distributed renewable energy, and Infranity, a leading investment firm specializing in essential infrastructure, announce today the closing of a $300 million HoldCo debt financing. The facility will support the company’s continued expansion by funding the development, construction, acquisition, and operations of a portfolio of distributed generation (DG) solar and energy storage assets across the U.S.
CleanCapital is currently recognized as the second-largest owner of commercial and community solar assets in the U.S., according to Wood Mackenzie. To date, CleanCapital has deployed over $1.5 billion of total capital in clean energy investments and expanded its asset portfolio to more than 350 projects, totaling over 500 MW.
“Securing this financing is a decisive milestone that positions CleanCapital as one of the best-capitalized leaders in this sector,” stated Thomas Byrne, Chief Executive Officer at CleanCapital. “Partnering with Infranity will enhance our capabilities to develop, build, and operate solar and battery assets. This capital will accelerate the conversion of our development pipeline into high-performing operating projects – reinforcing our commitment to build and operate a best-in-class DG portfolio.”
Philippe Benaroya, CEO of Infranity said: “CleanCapital is a top-tier owner and operator of distributed solar generation. Infranity is pleased to provide a financial solution that will enable CleanCapital’s ongoing investment and growth in the renewable energy sector. This investment exemplifies Infranity’s commitment to supporting energy infrastructure through disciplined, long-term partnerships with sector leaders.”
“Following our recently announced debt private placement, this transaction further underscores our financial strength and our leadership in advancing scalable distributed generation assets,” said Melinda Baglio, General Counsel and Chief Financial Officer at CleanCapital. “We are thrilled to partner with Infranity to help strengthen the U.S. energy supply. The significant depth and breadth of capital we’ve secured enhances our ability to swiftly capitalize on emerging opportunities across the renewable energy sector.”
Over the past year, CleanCapital has continued to advance its development pipeline, including bringing three brownfield development projects online, acquired over 100 solar and energy storage projects, added nearly 200 MW to its operating portfolio, and recently closed a $185 million private placement debt issuance. As energy demand and affordability become increasingly critical issues in the U.S., CleanCapital remains mission-driven to deliver more clean megawatts to the grid by developing and managing high-performing projects that support the energy needs of everyday Americans and businesses.
Since its inception, Infranity has established itself as a significant energy infrastructure investor. To date, Infranity has invested more than €5.6 billion in the sector, powering over 11 GW of energy projects across Europe. With this CleanCapital investment in North America, Infranity is expanding its reach and commitment to supporting sustainable infrastructure on a global scale.
PJT Partners served as financial advisor to CleanCapital. Milbank LLP provided legal counsel to CleanCapital in connection with the transaction.
McDermott Will and Schulte LLP provided legal counsel to Infranity in connection with the transaction.
About CleanCapital
CleanCapital is a leading independent power producer focused on distributed clean energy, including middle-market solar and energy storage. The company develops, builds, owns, operates, and invests in clean energy assets across the U.S. Leveraging over a decade of clean energy expertise and over $1.5 billion of total capital in investments, CleanCapital has built a diverse portfolio of operating assets and a growing project pipeline. By combining institutional capital with in-house expertise and regional development partnerships, CleanCapital delivers economically sound projects that drive more clean megawatts to the grid, solidifying energy dominance in the U.S.
About Infranity
Infranity is an asset management company specializing in essential and sustainable infrastructure investments. The company was founded by three partners, as part of a strategic partnership with the Generali Group. Infranity manages c.€13.1 billion of assets on behalf of institutional investors as of December 2025. Infranity’s Infrastructure Debt Strategies combine rigorous risk management with deep sector expertise and an investment philosophy that centers on selectivity, diversification, and sustainability—targeting essential, resilient assets that power economies and communities. Infranity ranked #5 globally and #2 in Europe in the Infrastructure Investor Debt report released on May 2025 (Please refer to the Infrastructure Debt 30 ranking published by Infrastructure Investor for more details and note that any reference to an award provides no guarantee for future performance.)
Contacts
CleanCapital Contacts
Cara DiFabio
Inkhouse
[email protected]
301-639-0738
Infranity Contacts
Infranity, Investor Relations Team
Caroline Kragerud
M: +33 6 88 10 92 48
[email protected]
Nicolas Moriceau
M: +33 6 82 14 67 36
[email protected]
Kekst CNC
[email protected]