Unison Energy lands $120M credit facility from JPMorgan to grow on-site power
What's the deal? Unison EnergyDealroom has a profile for this one. Try Dealroom → has closed a five-year, $120 million secured credit facility with JPMorgan Chase BankDealroom has a profile for this one. Try Dealroom → to fund its distributed energy and on-site power portfolio. The deal includes a $50 million accordion option, subject to credit approval. The Greenwich, Connecticut-based company will use the capital for both existing assets and new project development.
What's the endgame? Unison designs, builds, owns, and operates microgrids at customer sites under an Energy-as-a-Service model. The approach cuts energy costs, improves resilience during grid outages, and lowers emissions without requiring customers to put up capital for the systems. Its clients include hospitals, data centers, industrial facilities, and food and beverage companies across North America.
Why now? The financing follows a leadership overhaul since Tiger Infrastructure PartnersDealroom has a profile for this one. Try Dealroom → acquired Unison in 2024. Mariko Meier became chief executive officer in January 2026, and Al Dahya joined as chief financial officer this year.
How it's structured: JPMorgan set up the deal as a flexible warehouse-style facility, letting Unison add and remove qualified projects from the borrowing base. That design gives the company a financing platform that scales with its portfolio rather than requiring separate deals for each project. JPMorgan will also serve as Unison's hedging provider and depositary bank.
"Closing this financing with JPMorgan is a stepping stone for us, not an end point," said Dahya. "Now the real work begins: putting this capital to work growing Unison and building new projects that power some of America's most important places."
The signal: At $120 million, the facility sits near the top of distributed energy debt rounds, reflecting rising electricity demand and an increasingly strained grid. As critical facilities place greater weight on reliability, on-site generation is drawing serious institutional capital.
Read more: pulse2.com
Image credit: Unison Energy
