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-0.0005400916413559 -0.0005400916413559 -0.0011208353417387 -0.0011208353417387 0.00410585796170568 0.00352511426132309 0.0279163496773968 -0.00925124714709647
Stock impact report

Dimension Energy secures $650m for community solar projects [Yahoo! Finance]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: Yahoo! Finance
Mitsubishi UFJ Financial Group (MUFG), First Citizens Bank, ING Capital and National Bank of Canada provided $415m in debt financing. Franklin Park, which is working with Dimension for the first time, contributed $235m in tax equity. The projects form part of the company's community solar portfolio across four US states. Dimension said community solar projects can offer subscribers savings on utility bills and produce electricity near the point of use, which reduces the need for long-distance transmission infrastructure. The company often develops and brings projects online in as little as 18 months. Dimension Energy co-founder and CEO Rafael Dobrzynski said: “Our largest project financing to-date is a testament to Dimension's track record and the critical role distributed generation plays in solving America's energy crisis. “We're thrilled to welcome Franklin Park as a new partner and to continue our strong relationships with First Citizens Bank, MUFG, ING, and National Ba Show less Read more
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