Foley Advises Lender Group in Dimension Energy’s $650 Million Community Solar Financing

Foley & Lardner LLP advised the lending group behind Dimension Energy’s $650 million community solar project construction and term financing to support a 132MW portfolio of 25 community solar projects in Pennsylvania, New York, New Jersey, and Illinois.

First Citizens Bank, ING Capital, National Bank of Canada, and MUFG provided $415 million in debt financing, with new Dimension Energy partner Franklin Park contributing $235 million in tax equity. To learn more about the project financing, Dimension’s largest to-date, click here.

This financing follows Dimension’s $412 million community solar project financing package announced in November 2025, on which Foley also advised.

Foley’s energy finance team was led by partner Natalie Neals and senior counsel Sunita Paknikar with support from partners Jason Barglow and Sarah Slack, of counsel Scott Johnson, senior counsels Justus Britt and Sadie Olson, and associates Amelia Dahl, Katherine Plachta, and Logan Steinike.