GLAS partners with CleanCapital on $300M DDTL

GLAS is pleased to announce the successful closing of a private credit financing for CleanCapital.

The GLAS team in New York and New Jersey acted as Administrative Agent and Collateral Agent on the transaction.

The transaction strengthens CleanCapital’s ability to accelerate the development, construction and long-term operation of its growing renewable energy portfolio across the United States.

This facility will enable CleanCapital to efficiently convert its robust development pipeline into high-performing, operational solar and energy storage assets, supporting the delivery of reliable, sustainable power to communities and businesses.

The transaction further reinforces GLAS’ role as a trusted agent across the global private credit market, working closely with sponsors and lenders on complex, scalable financing solutions.

About CleanCapital

CleanCapital is one of the largest owners of commercial and community solar assets in the United States, with a rapidly expanding portfolio of distributed solar and energy storage projects.

The company focuses on delivering long-term, sustainable energy solutions that support local communities and the evolving energy needs of businesses and households.

About GLAS

GLAS was established in 2011 and is the premier independent, non-creditor, conflict-free provider of institutional debt administration services covering the global private and public credit markets.

GLAS, which services more than US$850bn of assets under administration, is headquartered in London and has operations in the U.S., France, Germany, Spain, Italy, the UAE, Singapore, Hong Kong and Australia.

For more information, please contact media@glas.agency.