38 Degrees North Secures New HoldCo Debt Facility from EIG to Support Community Solar and Distributed Renewable Energy Growth
38 Degrees North (“38DN”), a community solar and distributed renewables platform, and EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the closing of a new debt facility that will strengthen 38DN’s ongoing acquisition of projects, advance late-stage developments, and support the continued growth of its portfolio.
38 Degrees North Acquires 104 MW Community Solar Portfolio in Illinois from Cypress Creek
38 Degrees North (“38DN”), a community solar and distributed renewables platform, and Cypress Creek Energy, a leading American energy infrastructure developer, owner, and operator, today announced the sale of 104 megawatts (MW) of community solar assets in Illinois from Cypress Creek to 38DN. The portfolio includes 16 advanced projects that are expected to be placed in service by 2027.
