CleanChoice Energy, a clean energy company that owns, operates and develops solar projects, has secured a term loan facility of up to 85 million dollars from Aiga Capital Partners, an institutional platform financing sustainable infrastructure in North America. The facility supports CleanChoice’s expansion into solar generation while preserving its flexibility to raise project level capital as individual assets mature, the companies said.
Chief executive Tom Matzzie described the shift directly: the company is growing from retail roots, selling consumers access to clean energy, into generating clean energy for the grid, a farm to table model for regional supply. JLL Securities advised CleanChoice, with Sidley Austin as its legal counsel and Norton Rose Fulbright acting for Aiga.
The loan is the second financing step in three weeks. On October 1 CleanChoice announced more than 166 million dollars of financing for its second and third solar projects, the roughly 27 megawatt Dolan project in New York and the roughly 28 megawatt Kylertown project in Pennsylvania, together over 50 megawatts and both scheduled to reach commercial operation in 2027. In February it acquired two North Carolina projects totalling 222.2 megawatts from developer Geenex.
Mercom’s sector data put solar debt financing at 13.2 billion dollars across 44 deals in the first half of 2026, up 69 percent from a year earlier. CleanChoice’s facility sits inside that expansion, but its significance is corporate rather than sectoral: a retail supplier is using portfolio debt to become an owner operator, which changes its risk from marketing margin on other people’s generation to asset performance on its own.