Unison Energy Announces Credit Facility with JPMorgan Chase Bank, N.A.

$120M facility for existing portfolio and project development

GREENWICH, CONN. — Unison Energy (“Unison,” or the “Company”), an energy-as-a-service provider of on-site power generation for critical infrastructure facilities, announced it has closed a five-year secured credit facility with JPMorgan Chase Bank, N.A. (“JPMorgan”) The facility totals $120 million. There is an additional $50 million accordion option subject to credit approval. Unison intends to use it to fund the continued growth of the company’s power generation portfolio. The new facility allows for both the efficient financing of Unison’s existing portfolio of assets, plus significant additional capital for the development and construction of new distributed energy projects. 

JPMorgan’s facilities provide Unison with a flexible, warehouse-style structure, enabling the addition and removal of qualified projects to the borrowing base, subject to defined credit and operational criteria. In addition to its role as lender, JPMorgan will serve as Unison’s Hedging Provider and Depositary Bank for the transaction.

Al Dahya, CFO of Unison Energy, said, “Closing this financing with JPMorgan is a stepping stone for us, not an end point. 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. We are excited to partner with JPMorgan who can bring the capital we need to support our long-term growth ambitions.”

Dahya joined the company earlier this year along with Mariko Meier, who was appointed CEO in January. Their appointments followed a 2024 acquisition of the company by Tiger Infrastructure Partners.

Marc Blair, COO and Senior Managing Director of Tiger Infrastructure Partners, said, “JPMorgan’s support of Unison is a clear validation of the Unison strategy and the new leadership at the company.  Unison is a growing company with positive macro tailwinds behind its business model, including surging power demand and an increasingly unstable grid.  Since Tiger Infrastructure’s initial investment in 2024, we have implemented our value creation playbook focused on assets, people and capital. Unison has increased its asset base with new projects for multiple customers and we have invested heavily in the company’s human capital to help it scale.  This credit facility reflects the company’s maturing capital structure and will enhance Unison’s ability to serve its varied customer base.”

Allyson Goetschius, Executive Director of JPMorgan said “JPMorgan is grateful for the opportunity to work with Unison Energy and Tiger Infrastructure Partners on this important financing.  This transaction highlights the strength of our partnership, and we look forward to supporting Unison’s next phase of growth.”

Norton Rose Fulbright advised Unison on the transaction. Milbank advised JPMorgan. Black and Veatch served as Independent Engineer.

About Unison Energy

Unison Energy designs, builds, owns, and operates microgrids on-site through its Energy-as-a-Service (EaaS) model for critical infrastructure facilities including hospitals, data centers, food & beverage and other industrial, supply chain logistics, and hospitality customers across North America. Unison’s on-site systems lower customers’ energy costs, improve resiliency during grid outages, and reduce carbon emissions – all without any upfront capital investment from the customer. Unison Energy is headquartered in Greenwich, CT. For more information, please visit www.unisonenergy.com.

Contact:
Tim Biba
Talisman, LLC
tim@talismancom.com
Unison tel: 844-596-1291