SunRocket wraps $15M renewable energy financing for AI and DC market needs

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SunRocket Capital has successfully closed $15 million in construction to permanent financing for a significant renewable energy project in Illinois. This 4 MW (DC) Solar Installation + 21,000 Kwh Battery Energy Storage System (BESS) project is strategically designed to provide clean power to the burgeoning AI and datacenter market.

This latest funding underscores SunRocket Capital’s unwavering commitment to advancing the renewable energy sector and supporting the critical infrastructure needs of the digital age, particularly for data centers with investment-grade rated offtakers. SunRocket Capital is dedicated to fostering partnerships with innovative developers across the market who are focused on powering data centers with sustainable solar energy solutions.

“SunRocket Capital is proud to facilitate the growth of renewable energy infrastructure that powers the future of technology,” said Derek Gabriel, Head of Origination for SunRocket Capital. “Our focus is on providing efficient and effective financing solutions that enable developers to meet the increasing demand for green energy in high-growth sectors like AI and data processing. We are committed to working with developers who share our vision for a sustainable future and possess strong projects with creditworthy offtakers.”

The financing will support a project that enables data centers to operate with greater efficiency and sustainability, contributing positively to the grid and the broader adoption of clean energy. This initiative aligns with the increasing demand for environmentally responsible power solutions within the technology industry.

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