Terra Energy secures $105 million in funding from Breakwell Capital, ARC PE, Azora Capital, Banesco, and First Horizon Bank

Terra Energy secured $105 million in new funding in early 2026, including a $35 million green loan from Breakwell Capital, equity investments from ARC PE and Azora Capital, and credit facilities from Banesco and First Horizon Bank. The financing supports the company's aggressive expansion into deregulated energy markets, including Houston, Texas, where it pairs solar installations with 40 kWh batteries to eliminate distribution charges for homeowners. Terra Energy's vertical integration strategy, which includes in-house sales, engineering, logistics, and asset management, differentiates it from competitors reliant on fragmented third-party contractors. The company serves 10,000 customers across Florida, Mexico, and Texas, with retention rates of 98% in Mexico and 100% in Florida after the initial 36-month subscription term. Equipment suppliers have praised Terra Energy's rapid scaling, noting its faster growth trajectory compared to industry peers facing challenges.

Counterparts (6)

Investor

Azora Capital

company

Miami-based financial services investment firm specializing in low-net long/short equity strategies focused exclusively on the financial sector, including banks, asset managers, and specialty finance companies.

A

ARC PE

company

Lender

Banesco

company

Venezuelan bank offering corporate and retail banking services across Venezuela, Panama, Dominican Republic, USA, Puerto Rico, and Spain. Provides financial products including loans, deposits, and investment services with a focus on corporate and agricultural sectors.

F

First Horizon Bank

company

B

Breakwell Capital

company

borrower

T

Terra Energy

company