Solar Landscape Closes Oversubscribed $125 Million Revolving Credit Facility Led by M&T Bank
Expanded working capital facility strengthens development pipeline and accelerates deployment of distributed energy infrastructure
Solar Landscape, the nation's leading platform for distributed energy infrastructure built on commercial real estate, today announced the closing of an oversubscribed $125 million revolving credit facility led by M&T Bank (NYSE:MTB), with participation from Flagstar Bank, Atlantic Union Bank, and Valley Bank.
The facility expands an existing relationship between Solar Landscape and M&T Bank, which originally provided the company's revolving working capital line. As Solar Landscape's project pipeline and development activity continued to grow, M&T Bank successfully syndicated the facility, increasing available capital to support the company's accelerating development efforts across its core markets.
The revolving credit facility provides flexible working capital that supports project throughput and execution across Solar Landscape’s growing development pipeline. By funding critical development activities, the facility enables projects to advance more efficiently from origination to construction readiness while maintaining capital deployment across its portfolio.
