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ClearGen LLC Acquires Solar Loan Portfolio from Fundamental Advisors
Slice of Energy Team
October 02, 2024
Key Highlights:
ClearGen LLC acquires 30MW solar loans from Fundamental Advisors.
Loans originated by Wunder, tied to U.S. solar assets.
Acquisition strengthens ClearGen’s solar loan book and growth strategy.
Source: Business Wire
Notable Quote:
“As part of our growth strategy, ClearGen not only continues to execute on opportunities as a trusted partner to developers, but we also routinely seek incremental acquisitions such as this one.”
Our Take:
ClearGen’s acquisition of the solar loan portfolio from Fundamental Advisors represents a significant strategic move in the clean energy space. By adding 30MW of operational solar assets to its existing portfolio, ClearGen is further cementing its role as a leading financial partner for renewable energy developers. This deal also showcases the growing trend of financing innovations tailored to scale renewable energy projects across the U.S., a crucial step in driving sustainable energy adoption nationwide.