US Exus Renewables Secures $345 Million Financing Led by Goldman Sachs for Wind, Solar and Storage Projects

en.Wedoany.com Reported - On November 12, US renewable energy developer Exus Renewables North America closed a $345 million senior secured holding company financing led by Goldman Sachs Alternatives. The proceeds will be used for construction expenditures on US wind, solar and battery storage projects and for new project development. Exus currently manages a US renewable energy project portfolio exceeding 6 GW, of which more than 800 MW is already in operation or under construction.

Exus has recently been advancing wind and solar projects across multiple US states. On September 29, 2026, the company acquired four large-scale solar projects developed by ibV Energy Partners, with a total installed capacity of approximately 715 MW, located in Wisconsin and Louisiana. Among them, the two phases of the Maple Grove Solar project in Wisconsin total 310 MW, while the Bayou Teche Solar and Bayou Chicot Solar projects in Louisiana have capacities of 125 MW and 280 MW, respectively. Exus will be responsible for the subsequent construction and operation of these projects.

This financing adopts a senior secured debt structure at the holding company level, with the proceeds covering Exus's overall US project portfolio rather than corresponding to a single power plant construction contract. The company will use the funds to pay for construction costs of existing projects and to advance the development of its pipeline projects.

This financing also builds on the company's previous financing arrangements. In December 2025, Exus completed a $400 million senior secured corporate credit facility; in July 2026, the company obtained approximately $356 million in project-level construction financing for the Highland North and Cambria wind projects in Pennsylvania.

In this transaction, PEI Global Partners served as financial advisor to Exus, Latham & Watkins served as legal advisor to Exus, and Vinson & Elkins served as legal advisor to Goldman Sachs Alternatives.