Raw: [
Aligned Climate Capital has closed its sixth distributed solar fund, Aligned Solar Partners 6 LP (ASP6), with commitments exceeding $240 million—surpassing its $200 million target. The oversubscribed fund marks the…
The post Aligned Climate Capital Closes $240 Million Solar Fund, Its Largest to Date appeared first on ESG News.
]
Aligned Climate Capital Closes $240 Million Solar Fund, Its Largest to Date – ESG News
LOADING
ESG News
ESG Business
ESG Reporting
ESG Standards
Sustainability
Environmental
Technology
Infrastructure
Government
Diversity, Equity & Inclusion
ESG Investing
Sustainable Finance
ESG Funds
Digital Assets
ESG Lifestyle
ESG Events
Upcoming Event List
International
ESG India
ESG Middle East
ESG Asia
ESG Japan
ESG Canada
ESG Europe
ESG APAC
ESG United Kingdom
ESG Latin America
ESG Russia
Video
Force For Good
UN Global Compact Leaders Summit 2022
Greenwich Economic Forum
Blockchain for Europe
UNCTAD Sustainable Stock Exchange Initiative
Humanity 2.0
World Economic Forum
Caspian Week
Converge2Xcelerate
International WELL Building Institute
EarthX
Type to search
ESG NewsESG Business
ESG ReportingESG StandardsSustainabilityEnvironmentalTechnologyInfrastructureGovernmentDiversity, Equity & Inclusion
German Chancellor Pushes EU to Scrap Corporate Sustainability Due Diligence Law
ESG News
May 12, 2025
Blue Yonder Acquires Pledge to Add Accredited Scope 3 Carbon Reporting to Supply Chain Platform
ESG News
May 5, 2025
FCA Pauses Extension of Sustainability Disclosure and Labelling Rules for Portfolio Managers
ESG News
May 2, 2025
ESMA Releases Draft Rules to Regulate ESG Ratings Providers Under New EU Regulation
ESG News
May 2, 2025
IFRS Foundation Launches Roadmap Tool to Help Jurisdictions Plan Adoption of ISSB Standards
ESG News
March 27, 2025
SBTi Updates Decarbonization Plans for Oil, Gas, Chemicals, and Power Sectors
ESG News
December 24, 2024
Verra Joins Singapore Sustainable Finance Association to Boost Climate Action in Asia
ESG News
December 10, 2024
CDP, 20 Landscape Experts Set Standards for Sustainability Beyond Supply Chains
ESG News
November 19, 2024
DEI Week in Review: Corporate and Policy Shifts in U.S.
ESG News
March 2, 2025
Qatar Commits $2.5B Green Bond Fund to Renewable Energy, Low-Carbon Real Estate
ESG News
January 28, 2025
Top Five Sustainability Headlines; Barbados, Formula-E, Fisheries, Fashion, Nature Credits
ESG News
December 7, 2024
Maersk to Use up to 20% Alternative Fuels For its Fleet in 2030
ESG News
December 2, 2024
Sage, Bloom-ESG Launch First ISO-Certified Carbon Credit System for IT Equipment Reuse
ESG News
April 24, 2025
Terra CO2 Secures $82M to Scale Sustainable Cement Technology in Sustainable Cement Technology and Europe
ESG News
February 19, 2025
80% of Companies Plan to Implement New Tech to Meet CSRD Requirements: PwC Report
ESG News
December 6, 2024
PwC Launches New Blog Series Exploring ESG Technologies’ Impact on Businesses
ESG News
December 2, 2024
AIIB and NIB Partner to Expand Sustainable Infrastructure Financing
ESG News
May 12, 2025
Holcim and ELEMENTAL Launch Biochar Concrete That Turns Buildings Into Carbon Sinks
ESG News
May 8, 2025
Santander and IFC Launch First $100 Million Green Building Loan in Chile
ESG News
April 14, 2025
BBVA, EIB Provide €185M for Near-Zero Emissions Housing Projects Led by Spanish SMEs
ESG News
April 4, 2025
Capgemini Updates ESG Policy, Adds Ethics Focus and Sets New Targets for Net Zero
ESG News
May 8, 2025
Goldman Sachs Shareholders Reject Anti-DEI Proposals with Overwhelming 98% Vote
ESG News
April 24, 2025
videocam
Will.i.am Addresses AI, Education, and Equity at Africa House – DAVOS 2025
ESG News
April 10, 2025
Sustainalytics: DEI Rollbacks Have Limited Impact on ESG Risk Ratings but Raise Broader Concerns for Investors
ESG News
March 28, 2025
ESG Investing
Sustainable Finance ESG Funds Digital AssetsESG LifestyleESG Events
Upcoming Event ListInternational
ESG India ESG Middle East ESG Asia ESG Japan ESG Canada ESG Europe ESG APAC ESG United Kingdom ESG Latin America ESG RussiaVideo
Force For Good UN Global Compact Leaders Summit 2022 Greenwich Economic Forum Blockchain for Europe UNCTAD Sustainable Stock Exchange Initiative Humanity 2.0 World Economic Forum Caspian Week Converge2Xcelerate International WELL Building Institute EarthX
Get Breaking ESG News Alerts
Daily Newsletter
Join Now
videocam
Latest News
Seven simple questions
Help us improve your experience, delivering more of what you want
ESG Survey
Seven simple questions – Help us improve your experience, delivering more of what you want!
Aligned Climate Capital Closes $240 Million Solar Fund, Its Largest to Date
Climate Tech
/
News
/
Sustainable Finance
/
Aligned Climate Capital Closes $240 Million Solar Fund, Its Largest to Date
by ESG News
•
May 13, 2025
Share:
Share on Facebook
Share on Twitter
Share on LinkedIn
Listen to this story:
Oversubscribed Fund: Aligned Solar Partners 6 LP closed with over $240M in commitments—exceeding its $200M target.
Doubling Output: The fund targets over 150 MW across seven U.S. states, doubling Aligned’s distributed solar capacity.
Strong Institutional Backing: Capital raised from global insurance firms, endowments, foundations, and family offices.
Aligned Climate Capital has closed its sixth distributed solar fund, Aligned Solar Partners 6 LP (ASP6), with commitments exceeding $240 million—surpassing its $200 million target. The oversubscribed fund marks the firm’s largest investment vehicle to date, backed by major institutional investors, including global insurance companies, endowments, foundations, and family offices.
“The U.S. needs new power generation to meet growing electricity demand, and solar energy is the cheapest, fastest, and cleanest technology in the market,” said Peter W. Davidson, CEO of Aligned Climate Capital. “We have been investors in this market for more than a decade and understand how solar can deliver consistent cash returns for our investors each year.”
Peter W. Davidson, CEO of Aligned Climate Capital
ASP6 is focused on acquiring construction-ready distributed solar projects—typically ranging from 1 MWac to 10 MWac—from experienced development partners. The fund finances construction using a mix of equity and debt, monetizes tax credits, and plans to deliver annual distributions to investors starting in 2025. The portfolio will ultimately be sold to institutional infrastructure investors after the tax recapture period.
To date, ASP6 has deployed over 25 MW of distributed solar capacity in service in Maine and Washington, D.C., with additional projects underway in other states. The fund’s total strategy aims to exceed 150 MW across seven states, effectively doubling the solar footprint of Aligned’s distributed platform.
“We value our ongoing relationship with Aligned Climate Capital and are pleased to support ASP6 as a construction lender,” said Joe Ritter, Principal of Seminole Financial Services. “This portfolio reflects the kind of thoughtful, well-structured projects Seminole looks to finance. These are investments with strong fundamentals that also deliver meaningful impact in the communities they serve.”
Aligned prioritizes underserved and rural U.S. markets, which it believes offer distinct advantages. It maintains relationships with repeat development partners who consistently deliver financially viable, shovel-ready projects.
“In this unstable market, it’s good to have partners like Aligned who not only commit to building solar projects but deliver on that promise,” said Pat Jackson, Co-founder and Managing Member of ReWild Renewables, which developed two ASP6 projects in Delaware.
Pat Jackson, Co-founder and Managing Member of ReWild Renewables
Aligned’s distributed solar strategy has delivered strong realized returns and consistent cash distributions since the firm began investing in the space in 2018. ASP6 positions the firm to continue capitalizing on rising demand for clean, reliable energy while scaling impact-driven infrastructure across the U.S.
Follow ESG News on LinkedIn
Share:
Share on Facebook
Share on Twitter
Share on LinkedIn
Topics
Aligned Climate Capital
Aligned Solar Partners 6 LP
ESG
Pat Jackson
Peter W. Davidson
Solar Fund
Related Articles
Envision to Build Latin America’s First Net-Zero Industrial Park in Brazil to Accelerate Green Fuel Production
ESG News •
May 13, 2025
Maersk, LEGO First to Source e-Methanol from World’s First Commercial-Scale Plant
ESG News •
May 13, 2025
Google Launches AI for Energy Accelerator in Europe & Israel to Drive Clean Energy Innovation
ESG News •
May 13, 2025
L’Oréal Launches €100M Accelerator to Scale Breakthrough Sustainability Technologies
ESG News •
May 13, 2025
Apr
21
April 21 – May 23
EarthX 2025
Jun
25
June 25 – June 26
Carbon Capture Technology Expo 2025
Sep
23
September 23 @ 8:00 am – September 25 @ 5:00 pm EDT
Climate Week NYC 2025
View Calendar
Today’s Top ESG Stories
Aligned Climate Capital Closes $240 Million Solar Fund, Its Largest to Date May 13, 2025
Maersk, LEGO First to Source e-Methanol from World’s First Commercial-Scale Plant May 13, 2025
Google Launches AI for Energy Accelerator in Europe & Israel to Drive Clean Energy Innovation May 13, 2025
New York Launches $1 Billion Climate Plan in FY26 Budget to Cut Emissions, Create Green Jobs May 12, 2025
German Chancellor Pushes EU to Scrap Corporate Sustainability Due Diligence Law May 12, 2025
ESG News Quote of the Day
“Sustainable development is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”
Tweet
ESG News Daily Newsletter
First Name
Last Name
Email address:
Leave this field empty if you’re human:
Related Stories
Aligned Climate Capital Closes $85M Fund to Scale Clean Energy Deployment
UtilityAPI Raises $10 million in Series A Funding Led by Aligned Climate Capital
About ESG News About Us
Become a Contributor
Newsletter
Contact Us
Services Advertise With Us
Promote An Event
Sponsorships
News Agency
Terms & Privacy Terms & Conditions
Privacy Policy
Cookies
Copyright
Follow Us
YouTube
©2025 ESG News Corp. All rights reserved.
Add ESG News to your home screen?
Add this web page on your home screen for quick and easy access when you’re on the go.
Just tapthen “Add to home screen”
×