Solar Project Capital Raising Services

Solar Project Capital Raising for Developers

Solar closes when the file is bankable and time-boxed. We package and run capital raises for utility-scale, C&I portfolios, and mini-grids, coordinating debt and equity paths with a lender-ready data room and controlled outreach. If you want context on how sponsors structure these stacks, start with our renewable energy financing guide.

We turn a solar opportunity into a financeable package that credit committees can underwrite fast. Scope covers underwriting, capital stack design, lender-grade materials, and outreach support. We coordinate construction and term debt, mezzanine or holdco debt where relevant, sponsor equity, and in the U.S., tax equity where it fits. Outcome is a lender-ready file with clear sources and uses, defensible assumptions, and a process that stays disciplined. For a practical reference on what lenders expect, see our solar financing guide for developers.

Scope of Services

Underwriting

  • Site control, permitting status, and interconnection position review
  • Offtake and revenue view: PPA, tariff, merchant exposure, and credit strength
  • Model review: capex, opex, degradation, curtailment, and downside cases
  • Bankability checks: EPC terms, security package, reserves, and covenant feasibility

Capital Stack Design

  • Senior debt sizing, tenor path, sculpting, and reserve logic
  • Sponsor equity plan and co-investor positioning
  • Equity gap options: mezzanine or holdco debt where the file supports it
  • Sources and uses schedule and closing cash requirement clarity

Lender-Ready Package

  • Investment memo built for credit committees, not marketing decks
  • Financial model with sensitivities and DSCR headroom logic
  • Data room structure and diligence checklist mapped to lender workflows
  • Sponsor profile, delivery plan, and operating readiness section

Distribution and Closing Support

  • Target lender list by ticket size, geography, and risk appetite
  • Q&A management, lender follow-ups, and timetable discipline
  • Term sheet comparison and selection support based on closing risk
  • Closing coordination with counsel and third parties through financial close

Capital Paths We Coordinate

  • Construction debt and term conversion for bankable PPAs and EPC packages
  • Mini-perm structures with take-out strategy where long-tenor debt is constrained
  • Mezzanine or holdco debt for equity gap coverage when cash flows support it
  • Sponsor equity and co-investor equity for pipeline scaling
  • Tax equity structuring in the U.S. where applicable to the asset and sponsor
  • Bridge facilities for deposits, NTP timing, VAT, and construction milestones
  • Portfolio warehouse lines for C&I and distributed generation aggregation
  • ECA and DFI participation where the jurisdiction and procurement support it
  • Letter of credit and contingency facilities where counterparties require credit support

If you are raising for a larger stack, see how we frame utility-scale execution on our utility-scale solar financing page. For distributed and mini-grid mandates, reference our mini-grid solar financing page.

Eligibility and Dossier

Best Fit

  • Site control is secured and permitting is advanced or clearly scheduled
  • Interconnection is credible, with milestones and responsibilities mapped
  • Offtake path exists: signed PPA, creditworthy C&I, or defendable merchant plan
  • EPC and delivery plan can withstand diligence and completion tests
  • Sponsor equity contribution is clear and realistic for the stack

Core Dossier

  • Site control documents, permits status, and interconnection pack
  • PPA or offtake terms, credit view on the offtaker, and revenue assumptions
  • EPC term sheet or draft contract, capex schedule, and construction timeline
  • Project model, sensitivity cases, and key technical assumptions
  • Sponsor track record, ownership structure, and KYC materials

For Africa-focused debt mandates, see our operating approach on solar project debt financing in Africa. If your structure uses credit instruments as part of the stack, reference SBLCs in solar project finance.

Process

Intake

Mandate signed and initial dossier reviewed. We confirm site control, interconnection status, offtake path, capex assumptions, sponsor equity plan, and the target close date.

Underwrite and Package

We build the lender memo, sources and uses, and the model review pack. The data room is structured with a clear checklist, version control, and diligence readiness.

Terming Strategy

We define the target stack, lender profile, and outreach sequence. Debt sizing, reserves, security, and any equity gap layer are positioned cleanly so the story holds up under pressure.

Outreach and Term Sheets

Lenders receive a complete package, not fragments. We manage Q&A, track term sheets, and support selection based on pricing, covenants, timeline risk, and certainty of close.

Closing Support

We coordinate closing items with counsel and third parties, including CP tracking, technical advisor flows, insurance, account control, and funding logistics through financial close.

Pricing Guidance

  • Arrangement retainer from USD 59,500 for smaller distributed and portfolio mandates
  • Utility-scale mandates typically start at USD 100,000, aligned with stack size and diligence load
  • Success fees are confirmed in the engagement letter and are based on closed capital and structure type
  • Third-party costs may include legal drafting, technical advisor reports, insurance advisory, tax, and appraisal services

This converts when the dossier is complete and the sponsor can hold a timeline. If there is no credible offtake path and no equity plan, the file usually stalls.

Request Solar Project Capital Raising Terms

Share site control, interconnection status, offtake documents, capex, model, and your target close date. We respond with eligibility, next steps, and a clear packaging scope.

Include any lender conversations to date, EPC terms you have, and the sponsor equity plan. We act as advisor and arranger and coordinate execution through regulated counterparties where lending or securities intermediation is required.

Request A Quote

All transactions are subject to KYC and AML, sanctions checks, credit approvals, diligence, and signed agreements. No offer of securities is made.

Financely acts as advisor and arranger. We are not a bank and do not take deposits. Financing outcomes depend on lender approvals, diligence results, legal documentation, and counterparty performance. Nothing here is a guarantee of funding or closing.