Madison Energy Infrastructure (Madison), a leading U.S. clean energy infrastructure ecosystem, has announced the closing of an $800 million construction-to-term debt facility that will accelerate the expansion and deployment of clean energy projects across the country. The financing positions Madison to meet rising demand as it advances toward its goal of achieving 1 GW of operating capacity. The long-term facility enhances Madison’s ability to provide advanced clean energy solutions to its growing network of customers and partners.
It comes at a time of significant market transformation, with unprecedented electricity demand driven by load growth, price volatility, and AI-powered infrastructure requirements. The funding will support project development, construction, and long-term operations, ensuring that Madison can continue delivering reliable, scalable, and sustainable energy infrastructure. This financing includes participation from a consortium of globally recognized institutions, both returning and new, who have backed Madison in earlier facilities.
Among them are Fifth Third Bank, Société Générale, BNP Paribas, KeyBank, Crédit Agricole, TD Bank, Lloyd’s, and Natixis. Their involvement highlights Madison’s credibility in the clean energy space and reinforces its ability to execute an ambitious pipeline of distributed generation projects nationwide. Steve Cunningham, Co-founder and CFO of Madison, described the new facility as a pivotal step for the company.
He emphasized that clean energy infrastructure is becoming a foundation of the U.S. economy, adding that the financing demonstrates Madison’s commitment to serving customers and partners for decades. He also expressed appreciation for the renewed collaboration with Fifth Third Bank and other institutions that are providing the capital and certainty needed to fuel future growth.
Iwona Guier, Executive Vice President of Finance, noted that this milestone builds on Madison’s long-standing relationships with key lenders while welcoming new institutions into its financial ecosystem. She added that these partnerships will be crucial as the company scales its operations further. With this financing, Madison is positioned to accelerate clean energy deployment at scale, serving hundreds of customers across corporate, industrial, education, nonprofit, electric cooperative, and municipal utility sectors. By combining financial strength with operational expertise, the company continues to deliver innovative long-term solutions that will play an essential role in the country’s clean energy transition.
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