Exus Renewables North America, a leading independent owner, developer, and operator of utility-scale renewable energy and energy storage projects, announced the closing of USD 345 million in senior secured holding company financing led by Goldman Sachs Alternatives. The announcement was made from Pittsburgh on Nov. 12, 2026, according to a company release distributed via PR Newswire.

The capital will support construction costs and the development of new projects across Exus' growing U.S. portfolio of wind, solar, and battery energy storage assets.

Momentum After an Active Year

The new financing builds on what has been an active year for the company. In December, Exus closed a $400 million senior secured corporate credit facility. In July, the company secured approximately USD 356 million in project-level construction financing for its Highland North and Cambria wind projects in Pennsylvania.

Exus currently has more than 800 MW operating or under construction and a total portfolio exceeding 6 GW. The company stated it continues to advance its project pipeline amid rising U.S. electricity demand.

Leadership Perspective

Jim Spencer, President and CEO of Exus Renewables North America, emphasized that the financing enables the company to maintain its current pace of development.

"We have projects moving forward and a deep pipeline behind them, and this financing lets us keep that momentum going," Spencer said. "The support from Goldman Sachs Alternatives reflects confidence in our team and our projects and gives us the flexibility to keep building and bring new generation online where it's needed."

On the investor side, Vikas Agrawal, Managing Director and Co-Head of Energy Transition Climate Credit at Goldman Sachs Alternatives, pointed to the company's established track record.

"Exus has established a strong platform for developing and operating utility-scale renewable energy projects," Agrawal said. "We're pleased to support its continued investment in new energy infrastructure as electricity demand grows across the United States."

Advisors to the Transaction

PEI Global Partners served as financial advisor to Exus on the transaction. Latham & Watkins LLP served as legal counsel to Exus, while Vinson & Elkins LLP served as legal counsel to Goldman Sachs Alternatives.

About the Company

Exus Renewables North America focuses on developing, repowering and managing renewable energy assets across the United States. The company employs more than 110 people operating from offices in Pittsburgh, New York, Albuquerque and Connecticut. With over 6 gigawatts in its total portfolio and over 800 MW operating or under construction, Exus continues to expand its operational footprint to meet the nation's growing energy needs.

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