Madison Energy Infrastructure Secures $800 Million to Accelerate Clean Energy Growth
Madison Energy Infrastructure has secured an $800 million construction-to-term debt facility, backed by a consortium of major global financial institutions. The funding is aimed at scaling the company's clean energy operations across the United States, as it moves toward its goal of reaching 1 gigawatt of operating capacity.
The financing round was led by institutions including Fifth Third Bank, Société Générale, BNP Paribas, KeyBank, Crédit Agricole, TD Bank, Lloyd's, and Natixis, with participation from both existing and new lenders.
According to Steve Cunningham, Co-founder and CFO at Madison, the facility reinforces the company's commitment to long-term infrastructure and provides the financial certainty needed to serve a growing base of customers amid rising energy demands driven by AI, electrification, and industrial expansion.
Iwona Guier, Executive Vice President of Finance, highlighted the value of continued partnerships with legacy lenders while also bringing new institutions into the fold.
The funds will support project development, construction, and long-term operations for distributed generation projects across sectors including corporate, industrial, education, nonprofit, and municipal utilities.
The announcement positions Madison Energy Infrastructure as a key player in addressing the "new normal" of load growth and energy volatility, while also expanding access to reliable, affordable clean energy solutions.