Press Releases
March 18, 2025
Dimension Energy Upsizes Corporate Credit Facility to $300 Million with Backing from Deutsche Bank and Nuveen Energy Infrastructure Credit
Atlanta, GA – Dimension Energy, a leading community solar and battery storage developer, owner, and operator, today announced the upsize of a Corporate Credit Facility to $300 million. The facility, co-led by Deutsche Bank and Nuveen Energy Infrastructure Credit, upsized from $150 million to a total commitment of $300 million. Deutsche Bank’s Trust and Agency services team is acting as administrative agent and collateral agent for the transaction. The facility will further the deployment of Dimension’s robust 3.5 GW community solar pipeline.
“We’re thrilled to have Nuveen’s partnership and the continued support of Deutsche Bank to bring more low-cost community solar onto the grid as energy demand skyrockets across the country,” said Ryan Liddell, CFO, Dimension Energy. “This expanded facility will finance a significant portion of Dimension’s near-term development and pre-construction activities.”
“We are excited to support Dimension Energy in the expansion of their Corporate Facility in partnership with Nuveen. This represents another important milestone for Dimension in their impressive growth trajectory and we look forward to continuing to support their important mission to provide affordable and accessible load-oriented generation,” said Jeremy Eisman, Head of Infrastructure and Energy Financing, Deutsche Bank.
“Dimension has demonstrated tremendous success in providing access to clean energy to communities across the country,” said Don Dimitrievich, Portfolio Manager of Nuveen’s Energy Infrastructure Credit business. “Community solar is a key focus for our strategy and we are excited to be joining Deutsche Bank in partnering with Dimension, a truly premier developer, owner and operator in the space."
Dimension Energy is actively developing community solar projects in 13 states and is on track to have 800 MW of assets spanning pre-construction to operational by the end of 2025. The company’s continued growth comes on the heels of the U.S. community solar market’s best year yet in 2024.
As the U.S. power grid experiences the largest demand growth since World War II, distributed generation, which has a shorter development timeline and is closer to energy load, is an increasingly important part of the energy mix needed to provide reliable, affordable options to ratepayers.
The initial $150M close of the credit facility, announced in September 2024, was Deutsche Bank’s first pre-NTP investment in community solar in the U.S.
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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 3.5 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.
About Deutsche Bank
The Deutsche Bank Private Credit and Infrastructure business (PCI) is Deutsche Bank’s US-based balance sheet lending platform. PCI provides financing to bank clients including corporates, projects and alternative investment managers using bank capital. PCI has a wide mandate to underwrite loan facilities including corporate, holdco, bridge, term, construction and development loans, as well as letters of credit, with a focus across digital, power and conventional infrastructure, venture debt and fund finance. In the last 8 years PCI has underwritten transactions in excess of $50 billion and currently maintains over $20 billion in balances outstanding. The Deutsche Bank Trust and Agency Services team provides administrative services to project, acquisition, corporate and other financings across the infrastructure and energy markets.
