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Generate Capital raises USD 154m for US community solar
Original: Generate Capital secures USD 154m of equity for community solar in US
Generate Capital has secured USD 154 million in equity financing to support its community solar business in the United States. The funding will help the sustainable infrastructure investment firm expand community solar projects, which allow households and businesses to subscribe to shared solar installations and receive credits on their electricity bills. The deal underscores continued investor appetite for distributed renewable energy assets in the US market.
Why now: Fresh financing for a major sustainable infrastructure firm highlights ongoing investor momentum in US community solar.
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