Nexamp, a Boston, MA-based nationwide developer and operator of distributed photo voltaic and power storage programs, closed a $340M non-public placement debt refinancing with PGIM Personal Capital (PPC).
Led by CEO Zaid Ashai, Nexamp supplies photo voltaic and storage options, together with undertaking improvement and acquisition, design, building, and operations.
Over the following three years, these funds shall be used to assist photo voltaic and storage initiatives throughout a number of states, additional bolstering the corporate’s efforts to carry new power sources and job alternatives to communities nationwide. The deal intends to assist photo voltaic and storage initiatives throughout a number of states, additional improve its efforts to carry new power sources and job alternatives to communities nationwide.
In whole, this refinancing covers a portfolio of 39 photo voltaic farms in seven states, representing 150 megawatts of photo voltaic era and 37 megawatt-hours of storage.
FinSMEs
28/04/2025
