Fundamental Renewables secures $400 million credit facility

Dollar in Green Business

Fundamental Renewables, a provider of financing for solar and other renewable energy projects, has secured a $400 million credit facility.

Delaware Life Insurance Company acted as the arranger of the facility and is a lead lender. Other lenders include CDPQ American Fixed Income V and East West Bank.

Since commencing its renewable energy strategy in 2015, Fundamental has closed on over $5 billion of renewable energy development and construction loans.