DSD Renewables, a provider of customized solar PV energy and energy storage solutions, announced the closing of $238 million in financing to support the development of 233 MW distributed generation solar projects. First Citizens Bank’s Energy Finance business acted as co-lead arranger and administrative agent on the deal. Nomura and Mitsubishi UFJ Financial Group acted as the co-lead arrangers. The portfolio comprises 188 distributed generation solar projects totaling 233 MW of renewable generation capacity across 12 states and the District of Columbia.