Dimension Energy secures funding for distributed solar growth | Projects Weekly
Certainty in Action. Integrated energy infrastructure delivering complex projects reliably at scale nationwide.
This week on Projects Weekly, Dimension Energy has secured $857 million for the growth of its suite of distributed solar sites across five states. In the Northeast, Kearsarge Energy has unveiled plans to add 200 MWh of battery projects in 2027, after putting up 104 MWh worth of BESS power since 2019. In Texas, ENGIE and QTS Data Centers have inked a PPA deal for ABEI Energy’s Lubio Solar Project near the Dallas-Fort Worth Metroplex. Closer to the west coast, EDF Power Solutions North America has signed a PPA with NV Energy revolving around Lyon County, Nevada’s Winston Energy Project. Finally in California, EDP Renewables North America and the Redwood Coast Energy Authority have finished the Sandrini Energy Storage site in Kern County. Keep reading for all the details!
ENGIE, QTS announce PPA for ABEI Energy’s Lubio Solar Project
ENGIE and QTS have struck a deal for a 48 MWac solar power purchase agreement (PPA) to supply renewable energy for QTS’s data center operations near Irving, Texas.
The agreement revolves around another long-term PPA between ENGIE and ABEI Energy, which secures solar power from the latter’s Lubio Solar project in northern central Texas. The two agreements “further strengthen the long-standing partnership between ENGIE and QTS,” the companies say, while also expanding ENGIE’s footprint in the ERCOT grid market.
“This project is a meaningful step forward in our renewable energy strategy, supporting the long-term sustainability and operational resilience of our Texas footprint,” says Travis Wright, VP of energy and sustainability at QTS. “By partnering with ENGIE, we’re able to support reliable, renewable energy procurement while simplifying delivery through our retail supply arrangement. Collaborations like this help us align clean energy procurement with the operational needs of our data centers.”
Bright spot: Once operational, Lubio Solar is expected to be able to generate about 150 GWh of renewable energy annually. This is equivalent to avoiding about 100,778 metric tons of carbon dioxide emissions every year, the company adds.
The PPA transaction marks ABEI’s first renewable energy deal with ENGIE in the U.S., officials say, but builds on an established partnership between the firms on their native continent of Europe.
“Data center customers continue to seek long-term, dependable renewable energy solutions that align with both operational and sustainability goals,” says Taymur Bunkheila, regional VP of key accounts and energy+ for ENGIE North America. “ENGIE’s global experience and integrated capabilities enable us to structure customized solutions that seamlessly combine renewable generation with retail power supply.”
Kearsarge Energy announces project totals of 104 MWh since 2019
Boston-based Kearsarge Energy has announced the implementation of four new battery system projects this year, totaling 70 MWh. Despite the coronavirus pandemic and continued political headwinds, the company says it has been able to construct more than 104 MWh of battery storage since 2019.
Beginning with National Grid’s first PV and battery system in 2019 in Amesbury, Massachusetts, the company has been “a driving force” behind battery energy storage adoption in the Northeast, officials say. The firm has pushed for innovative financing on these projects, as well as higher safety protocols and standards, in hopes of widespread adoption.
“Leading safe and efficient storage adoption has been incredibly rewarding over the past seven years,” says Andrew Bernstein, managing partner of Kearsarge Solar. “Through our work with municipalities and local utilities we have helped those organizations think through how to take advantage of Battery storage opportunities in a sustainable way, to meet the accelerating energy demands of their communities and drive affordability for desperately needed new generation.”
Bright spot: The company’s 2026 portfolio includes not only solar and storage projects at landfills, but standalone BESS installations with city, non-profit, and quasi-public partnerships. The Bostonian firm has plans for an expected construction of 200 MWh worth of large-scale battery projects in 2027 alone.
The firm has also begun branching outside of Massachusetts in recent years, with 2025’s 20 MWh battery installation in Orleans, Vermont. Constructed in partnership with Vermont Public Power Supply Authority and local light departments, the company says the system cuts peak demand for municipal lighting departments while providing renewable energy credits every year.
EDF Power Solutions North America signs PPA with NV Energy
EDF Power Solutions North America has announced the execution of two 25-year power purchase agreements (PPA) with Nevada-based NV Energy.
Covering a combined output of about 800 MW / 1.6 GWh, the PPAs surround NV Energy’s Winston Energy Project in Lyon County, Nevada. Set to begin delivering electricity to the Silver State’s grid in late 2029, the energy center combines a 400 MWac solar project with a 400 MW / 1.6 GWh battery system.
Bright spot: Alongside various economic benefits, Winston Energy expects to generate about 1.11 TWh of renewable energy annually, according to NV Energy. That number is enough to power 100,000 Nevadan homes every year, and is the sustainability equivalent to removing 187,000 passenger vehicles from the road over the course of a year.
“We are delighted by our continued partnership with NV Energy and ability to contribute paired solar and storage solutions which provide efficient, sustainable, and reliable energy to its customers,” says Jacqueline de Fresart, associate director of origination and power marketing at EDF. “We look forward to more opportunities together and to accelerate decarbonization in North America.”
At peak construction, the Winston Energy project expects to employ over 400 workers, officials say. Furthermore, the project will generate about $100 million in tax revenue for the local community.
Dimension Energy secures $857 Million for distributed solar growth
Distributed energy infrastructure developer, owner, and operator Dimension Energy has secured $857 million in additional capital, the company says.
Aiming to accelerate the firm’s distributed solar platform, the capital comprises a corporate credit facility upsize to the tune of $200 million, as well as a $657 million construction-to-term debt and tax equity financing package. The company says the $657 million will provide funding for 29 distributed solar projects across five states, which total 149 MW.
“These new commitments from our financing partners reflect the strength of our platform,” says Rafael Dobrzynski, co-founder and CEO of Dimension Energy. “This capital will enable us to keep scaling with discipline and speed at a moment when demand for distributed power has never been higher.”
Bright spot: Dimension Energy says the financing builds on the its momentum from earlier this year, when the company closed a $650 million portfolio financing. Aided by Nuveen Energy Infrastructure Credit, Advantage Capital, MUFG Bank, and other banking institutions, the funds represent continued faith in the company’s renewable energy mission, officials say.
“Dimension has built a distributed solar platform with the execution discipline and portfolio quality that gives us confidence to scale alongside them,” says Don Dimitrievich, global head of Nuveen Energy Infrastructure Credit. “With power demand accelerating and transmission and distribution costs rising alongside generation costs, distributed solar is well positioned to deliver reliable power closer to load. Upsizing our commitment reflects Nuveen Energy Infrastructure Credit’s continued conviction and confidence in Dimension’s ability to execute at scale, and we’re excited to keep supporting their growth given the market opportunity.”
Dimension officials say the company currently owns more than 600 MW of distributed energy assets either under construction or already operating. The new financing will support its wider goal of growing to 1 GW of operating assets by 2028.
EDP Renewables announces completion of Sandrini Energy Storage
EDP Renewables North America (EDPR NA) and the Redwood Coast Energy Authority have completed work on Sandrini Energy Storage in Kern County, California.
Sporting 92 MW / 368 MWh of battery power, the project has the capacity to power the equivalent of more than 22,000 homes in the Golden State. The site is also co-located with the 300 MW Sandrini Solar project. Redwood Coast will be purchasing 100 MW of power from that project, leaving the battery system to strengthen grid reliability and support the state’s renewable energy watermark goals.
Sandhya Ganapathy, CEO of EDPR NA, says the new project “represents an important investment in California’s energy future.”
“Energy storage transforms renewable power into reliable, around-the-clock electricity, ensuring clean energy is available when demand is highest,” she says. “Projects like Sandrini strengthen grid resilience, support economic growth, and help build a more affordable, dependable energy framework for California. We’re grateful to work hand in hand with our communities and Redwood Coast Energy Authority to bring Sandrini online.”
Bright spot: Sandrini Energy Storage will also generate more than $5 million in revenue to support local public services and infrastructure. These funds will go toward schools, public roads, emergency services, and parks. Additionally, the project’s operations are set to support about 50 jobs around the area, adding to the 250 it created during construction.
“The addition of the Sandrini Energy Storage project to our portfolio supports RCEA’s goals of building new, clean capacity that matches our customers’ energy needs and enhances the generation delivered by Sandrini Solar, while also supporting grid reliability,” says RCEA executive director Beth Burks.
