Encore Renewable Energy (backed by SUSI Partners) has secured a $389 million financing package from Brookfield through its infrastructure debt platform. This funding will accelerate Encore’s expansion as an independent power producer (IPP) by supporting the construction of community-scale solar and battery energy storage projects. Additionally, it will support in advancing the company’s development pipeline.
Furthermore, this transaction approach meets the complete capital requirements for building and expanding a distributed generation portfolio. It combines non-dilutive debt and tax equity facilities to optimise funding. Additionally, the structure integrates a construction-to-term debt and a tax equity bridge within a single debt facility.
Encore Renewable Energy is a US based company that develops, owns, and operates community-scale solar and energy storage projects. They have over a decade of experience in the design, engineering, permitting, financing, construction, and asset management of community-scale solar energy projects.
