DESRI secures US$400m capital finance to pursue US renewables pipeline

Facebook
Twitter
LinkedIn
Reddit
Email
DESRI’s Alta Luna PV project in Texas. Image: DESRI.

D.E. Shaw Renewables Investments (DESRI) has secured up to US$400 million in new capital finance to support its US renewables strategy.

The independent power producer has turned to funds managed by asset management group Harbert Infrastructure for the finance, including Gulf Pacific Power and Harbert Infrastructure Fund VI, with all financing to be used at DESRI’s discretion.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

DESRI currently has a portfolio of renewable assets totalling 6GW, comprising projects at the operational, under construction and contracted stages of development.

Harbert meanwhile is no stranger to power generation, having investments in power assets totalling 7GWac of generation capacity.

David Zwillinger, managing director at DESRI, said: “This financing will support DESRI’s growth in key electricity markets across the US and facilitate new investment to serve our customers and host communities.”

The funding comes less than six months after DESRI confirmed its intent to raise up to US$100 million through an initial public offering, however no further information relating to the IPO has since been released and it is unclear whether it is still DESRI’s intent to list.

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.

Read Next

September 18, 2025
The Canadian Renewable Energy Association (CanREA) has forecast that Canada will add between 17GW and 26GW of solar PV over the next decade.
September 17, 2025
US renewables developer Longroad Energy has reached financial close for its 400MW 1000 Mile solar project in the US state of Texas.
September 17, 2025
Nexamp has secured US$350 million through a long-term financing facility to expand its 6GW utility-scale solar and battery storage pipeline in the US. 
September 15, 2025
Italy’s latest renewable energy tender has received 12GW of bids, of which the majority, 10GW, came from solar PV.
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 12, 2025
Colombian energy supplier Celsia is seeking more than US$1.2 billion in investment to build wind and solar generation projects in Peru. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA