Utility-Scale Solar Project Financing | Debt, Equity & Tax Equity Placement

Utility-Scale Solar Project Financing | Debt, Equity & Tax Equity Placement

Utility-Scale Solar Project Financing

Financely advises and arranges $25M–$500M+ capital stacks for utility-scale solar projects across the U.S., EMEA, Asia, and emerging markets. From construction debt and tax equity to sponsor equity and mezzanine tranches, we deliver institutional-grade financing structures that ensure bankability and accelerate financial close. Our network includes commercial banks, infrastructure funds, family offices, and energy-focused private equity partners.

Outcome: Sponsors secure full capital stacks for solar farms, balancing debt, tax equity, and sponsor contributions to deliver grid-scale renewable energy assets.

Construction & Term Debt

Commercial and development banks typically fund 50%–65% of project costs through construction loans, later converted into term debt post-COD. Financely negotiates favorable tenors, repayment schedules, and interest rate structures to align with project cash flows.

Tax Equity Financing

In markets like the U.S., tax equity investors provide a critical layer, monetizing investment tax credits (ITCs) and production tax credits (PTCs). Financely works with institutional investors, corporates, and banks that specialize in renewable tax equity partnerships, ensuring developers capture maximum value from incentives.

Sponsor Equity

Sponsors are generally expected to contribute 10%–20% of project costs in equity. We help raise co-investor equity from infrastructure funds, family offices, and institutional LPs, allowing developers to share risk and scale pipelines without overextending balance sheets.

Mezzanine & Holdco Debt

For projects with strong PPAs but funding gaps, mezzanine lenders provide subordinated debt at higher yields (typically 12%–16% IRR). Holdco debt structures can also unlock equity recycling across multi-project portfolios.

Example Solar Project Capital Stack

Layer Typical Share Notes
Construction/Term Debt 50%–65% Senior loans from banks/DFIs
Tax Equity 15%–30% ITC/PTC monetization structures
Sponsor Equity 10%–20% Cash equity, co-investors
Mezzanine/Holdco Debt 5%–15% Flexible, equity-like risk-return
Utility-scale solar projects require layered financing solutions — no single source of capital closes the gap. Financely brings together senior lenders, tax equity, mezzanine providers, and institutional co-investors to deliver credible bankable stacks. Our role is to simplify the complexity so developers focus on execution, not capital chasing.

Request a Quote for Solar Project Financing

Financely arranges $25M–$500M+ capital stacks for utility-scale solar projects. Minimum engagement fee: $100,000.

Request a Quote

Financely is an advisory and placement firm. We are not a direct lender. All financings are subject to due diligence, credit approval, and executed documentation. Engagement fees for solar project finance mandates start at $100,000. Structures and terms vary depending on jurisdiction, PPA quality, and sponsor profile.

Get Started With Us

Submit Your Deal & Receive a Proposal Within 1-3 Working Days

Submit your deal using our secure intake form, and receive a quote within 1-3 business days. Existing clients can connect with their relationship manager through our secure web portal.


All submissions are promptly reviewed, and all communications are conducted through the intake form or the client portal for a seamless and secure process.

Express Application Submit Your Deal
Request a Proposal
Request a Proposal / Submit a Deal

Thank you for considering working with us. A nominal fee of US$500 is required upon completion of each form. This fee covers the time and effort we invest in reviewing your submission and crafting a thorough proposal. We receive numerous inquiries and prioritize those that carry this fee, ensuring serious applicants receive prompt attention.

Trade Finance

Tap into solutions like letters of credit, bank guarantees, and payment facilitation. We address the challenge of global transaction risk through structured strategies that foster cross-border growth. Complete the form to unlock streamlined funding aligned with your commercial objectives.

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Project Finance

Access non-recourse funding for infrastructure, renewable energy, or other capital-intensive ventures. We mitigate capital constraints by isolating project assets and focusing on risk management. Provide your details to receive a structure that drives growth and maximizes returns.

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Acquisitions

Secure financing for business or real estate acquisitions. We ease transaction hurdles by reviewing cash flow, synergy opportunities, and exit plans. Complete the form for a customized proposal that supports your strategic investment objectives.

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For Banks

Financely assists banks facing Basel III pressures by distributing trade finance deals and providing collateral for letters of credit. We reduce capital burdens while preserving client relationships and fostering service expansion. Submit your request to optimize your trade finance offerings.

Submit a Request

Once we receive your submission, our team will review your information to determine feasibility. If eligible, you will receive a proposal or term sheet within 1–3 business days. Visit our FAQ and Procedure pages for more information.

Disclaimer: Financely provides financing based on due diligence and feasibility. Approval is not guaranteed, and past performance does not predict future outcomes. All terms are subject to review. Financely primarily assists with structuring and distribution. Qualified parties carry out the project if the client approves the proposal.

Still Have Questions? Schedule a Consultation

If you still have questions after visiting our FAQ and Procedure pages, we invite you to book a paid consultation for personalized guidance. A $250 USD fee applies per session.