Alight secures $47 million portfolio financing facility

By Global Infrastructure Sherpa · Feb 4, 2026

Financing Solar announced Europe Feb 4, 2026

USD47M

Deal Value

development

Stage

Alight secured a $47 million portfolio financing facility from SEB for European behind-the-meter solar projects.

Deal Analysis

Alight's securing of a $47 million portfolio financing facility from SEB marks a significant step in expanding its European behind-the-meter solar project portfolio. The financing, provided by SEB, will support Alight's development efforts in the region. Tenergie's involvement as an investor further strengthens the project's financial backing and underscores the growing interest in distributed solar generation. This deal demonstrates the increasing appetite for financing solutions tailored to behind-the-meter solar projects, which are becoming a crucial component of the energy transition.

Financing facility of $47 million dedicated to European behind-the-meter solar projects.
Involves key players: Alight (developer), SEB (lender), and Tenergie (investor).
Highlights the increasing availability of financing for distributed solar generation.
Demonstrates SEB's commitment to supporting renewable energy projects.

Market Context: The European solar market is experiencing rapid growth, driven by policy support, declining technology costs, and increasing demand for clean energy. Behind-the-meter solar projects are gaining traction as businesses and consumers seek to reduce their energy costs and carbon footprint.

Source Intelligence

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Deal Size

Alight secures $47 million portfolio financing facility

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Location

The Nordic company has been developing European behind-the-meter solar projects built directly on or adjacent to customer sites, located on the consumer side of the utility meter.

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Announcement

February 4, 2026

PARTIES MENTIONED IN SOURCE

Alight developer

"Alight, a solar developer and independent power producer, has secured a £34 million (~$47 million) portfolio financing facility from SEB"

SEB lender

"Alight, a solar developer and independent power producer, has secured a £34 million (~$47 million) portfolio financing facility from SEB , a Swedish multinational investment bank and financial services group."

high quality Enriched Feb 19, 2026