BOSTON - TelAve -- Nexamp (https://www.nexamp.com/), a leading clean energy company building sustainable power resources to meet the nation's rising energy demand, today announced the closing of a $600 million aggregation facility with ATLAS SP Partners ("ATLAS"). This facility will support the construction of Nexamp's growing portfolio of distributed solar and energy storage projects across the United States.

The facility enables Nexamp to efficiently fund projects at the start of construction, with the flexibility to term-convert within the structure. Once a critical mass of operating assets is achieved, the company plans to pursue an asset-backed securitization (ABS) takeout, continuing its strategy of building scalable, capital-efficient pathways to expand clean energy access.

"This partnership with ATLAS underscores the strength of Nexamp's platform and the maturity of distributed energy as an investable asset class," said Zaid Ashai, CEO of Nexamp. "As energy demand surges nationwide, solar has proven to be the most cost-effective and fastest-to-deploy resource available today. This facility ensures that Nexamp can continue to deliver the reliable, clean power that communities and businesses need now."

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This transaction follows other financing announcements of $350 million (https://www.nexamp.com/article/nexamp-secures-$350-million-from-macquarie-asset-management-and-a-development-facility-from-nomura-for-its-utility-scale-solar-and-storage-assets) and $330 million (https://www.nexamp.com/article/nexamp-secures-$330-million-construction-warehouse-facility-to-accelerate-clean-energy-deployment) in the past few weeks, bringing the Nexamp total in the past month alone to more than $1.2 billion, demonstrating the company's strong relationships with leading global investors and its ability to attract diversified capital into the distributed energy sector.

With the ATLAS facility in place, Nexamp is positioned to accelerate the build-out of new solar and storage capacity nationwide, advancing its mission to make clean energy simple and accessible for all.

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"Nexamp has established itself as a leader in the expanding distributed generation market, and we are pleased to partner with them for this facility," added Can Baysan, Managing Director at ATLAS. "Their integrated approach and proven ability to execute at scale make this collaboration an important step in accelerating the deployment of clean, reliable energy projects nationwide. We look forward to supporting Nexamp's continued growth and helping expand access to sustainable power for communities across the country."

Nexamp continues to scale its platform to meet the dual challenges of rising power demand and the need for resilient, low-carbon energy infrastructure. By combining innovative financing with turnkey project development and operations, the company is leading the transition toward a cleaner, more reliable energy future.