Boston-based Nexamp, Inc., a renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets. It’s one of the largest debt financing agreements of its kind.

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The Obama administration introduced today a new initiative to make it easier for all Americans, but in particular low- and moderate- income communities, to purchase solar energy and lower their energy bills. The initiative translates into executive actions from the administration and private sector commitments. expand full story