Solar Portfolio Acquisition Financing
Buying a solar project or portfolio needs capital that closes on the seller's timetable and diligence that lenders and investors will rely on. The acquisition financing has to fit the existing project debt and tax structure.
FG Capital Advisors supports buyers of operating and late stage solar and storage assets with diligence coordination and acquisition debt and equity from third party capital providers.
Start Client IntakeWho This Is For
Independent Power Producers
IPPs growing through acquisitions of operating or ready to build projects.
Funds and Family Offices
Investors buying solar portfolios who need acquisition debt.
Strategic Buyers
Utilities and industrial groups acquiring renewable assets.
Developers Buying Pipelines
Developers acquiring late stage projects from other developers.
What FG Capital Advisors Arranges
Buy-Side Diligence
Coordination of contract, technical, model and legal diligence so findings feed the financing.
Acquisition Debt
Holdco or acquisition facilities sized to the target's cash flows and existing debt.
Equity and Co-Investment
Introductions to equity and co-investment partners where the buyer needs them.
Structure Alignment
Treatment of existing project debt, tax equity consents and change of control terms.
This service is part of our Solar Project Finance Advisory work, which covers every stage of solar and renewable energy financing.
How It Works
- You send the target details through the client intake form, including assets, stage, price expectations and timeline.
- We review the target information and list the diligence and financing issues in writing.
- We build or audit the acquisition model and prepare the financing package.
- We approach lenders and investors, compare terms and coordinate diligence to signing and close.
What Lenders and Investors Look For
Asset Quality
Contracted revenue, operating history or a clear path to operation.
Change of Control
Consents from offtakers, existing lenders and tax equity investors.
Buyer Equity
Committed buyer equity and a clear source of any balance.
Diligence Quality
Independent technical and legal diligence on the target.
Documents to Send
Target
Information memorandum, asset list and data room access where available.
Contracts
PPAs, existing finance documents and tax equity agreements.
Buyer
Buyer profile, equity sources and acquisition strategy.
Financial
Acquisition model, price and timetable.
Related Services and Guides
Frequently Asked Questions
Can acquisition debt sit alongside existing project debt?
Yes. Acquisition debt is often placed at holdco level behind existing project debt, subject to the existing lenders' terms.
Do you find acquisition targets?
We can introduce projects that match a stated mandate where we know of them, but our core role here is diligence and financing.
Who carries out technical diligence?
An independent engineer appointed by the buyer or lenders. We coordinate the scope so it covers what financiers need.
How do I start?
Send the target summary, timeline and your equity position through the client intake form.
Start Your Client Intake
Send the project through our client intake form with the details listed above. We review every submission and reply in writing with the scope, fee and next steps.
Start Client IntakeLenders and investors make their own credit and investment decisions. Terms and approval depend on their diligence, and funding is not guaranteed.
