CleanChoice Energy, a clean energy company that owns, operates, and develops solar projects, has secured a term loan facility of up to $85 million from Aiga Capital Partners to support its expansion into solar power generation in the U.S.

Aiga Capital Partners is an institutional investment platform specializing in financing sustainable infrastructure assets in North America.

The financing will support CleanChoice’s continued expansion into solar generation. The facility is expected to help CleanChoice maintain momentum across its development platform while preserving flexibility to pursue project-level capital as individual assets mature.

“This financing helps us sustain momentum as we evolve into a new chapter of our business, growing from our retail roots — offering consumers access to clean energy — to now also generating clean energy for the grid,” said Tom Matzzie, CEO at CleanChoice Energy. “Our generation platform is an important part of CleanChoice’s strategy to make regional clean energy more accessible, a farm-to-table approach to renewable energy.”

JLL Securities served as financial advisor to CleanChoice for the transaction, while Sidley Austin acted as its legal counsel. Norton Rose Fulbright served as legal counsel to Aiga.

The transaction follows CleanChoice’s announcement on October 1, 2026, that it had secured more than $166 million in financing for its second and third solar projects, with a combined module capacity exceeding 50 MW. The projects include the approximately 27 MW Dolan solar project in New York and the approximately 28 MW Kylertown solar project in Pennsylvania. Both projects are scheduled to achieve commercial operation in 2027.

In February 2026, the company announced the acquisition of two solar projects with a combined capacity of 222.2 MW in Halifax and Bertie counties in North Carolina from utility-scale energy project developer Geenex, which began developing these projects in 2017.

According to Mercom’s recently released 1H and Q2 2026 Solar Funding and M&A report, debt financing for the solar sector reached $13.2 billion across 44 deals, a 69% increase from 1H 2025, when $7.8 billion was raised in 41 deals.