Nexamp Wins Solar Deal of the Year at IJGlobal Awards for Landmark Financing

Innovative financing structure recognized as one of the most comprehensive capital solutions in the U.S. utility-scale renewable sector

Nexamp, a leading energy provider building sustainable power resources to meet the nation’s rising energy demand, received the Solar Deal of the Year award at the IJGlobal Awards 2025 for a financing structure supporting the development and construction of its approximately 6 GW utility-scale solar and storage pipeline. The award was presented at a recent ceremony at Gotham Hall in New York City.

The IJGlobal Awards celebrate outstanding infrastructure and energy transactions that closed during the 2025 calendar year. Winning transactions are selected by IJGlobal’s editorial team from a competitive field of submissions across North America’s greenfield finance and refinance categories.

The winning transaction is one of the most comprehensive developer-to-IPP capital solutions executed in the U.S. utility-scale renewable sector, providing a unified capital structure that addresses every stage of the project lifecycle—from interconnection filing through commercial operation. The financing consisted of a $350 million construction equity facility provided by Macquarie Asset Management (known internally as Project Denali) and an up to $200 million corporate credit facility led by Nomura (Project Yellowstone). Together, these facilities provide Nexamp with a scalable and efficient capital stack, funding equipment deposits, PPA and interconnection security postings, development costs, and construction equity.

The transaction closed during an exceptionally turbulent period for renewable power, including evolving tax policy under the One Big Beautiful Bill Act, shifting tariff and supply-chain regimes, volatile power markets, and investor caution around early-stage development risk—making the successful execution of this financing that much more significant.

“This recognition from IJGlobal reflects the strength of our fully integrated platform and the confidence that leading global investors have in Nexamp’s ability to execute at scale,” said Peter Tawczynski, Chief Financial Officer, Nexamp. “These facilities represent an innovative model for how developers can efficiently finance utility-scale solar from the earliest stages of development all the way through to operation.”

The IJGlobal awards are among the most respected benchmarks in infrastructure and energy finance, recognizing transactions that demonstrate innovation, complexity, and market impact. Nexamp’s milestone deal was selected from among a competitive field of North American solar transactions.