Cube Green Energy lands €150m debt to push European renewables pipeline
What's the deal? Cube Green EnergyDealroom has a profile for this one. Try Dealroom →, a Berlin-based developer and operator of wind and solar assets, has raised €150 million in debt financing from I Squared CapitalDealroom has a profile for this one. Try Dealroom → to expand renewables across Europe. The funds will move projects toward financial close, construction, and operation.
What's the endgame? Cube backs more than 250MW of projects with secured tariffs, over 150MW of which have reached financial close. With more than 200MW already in operation generating over 250GWh annually, its development pipeline exceeds 2GW — targeting more than 3TWh per year once complete.
Why now? The financing provides construction-ready liquidity to bridge the development-to-financial-close transition, a stage where projects often stall against permitting and grid-connection timelines. Tranches tied to delivery milestones aim to keep multiple projects moving in parallel.
The signal: At €150 million, the round sits in the upper tier of renewables financings, reflecting continued investor appetite for developers with secured tariffs and operating assets. Cube's work spans agrivoltaics via SUNfarmingDealroom has a profile for this one. Try Dealroom →, a land-use approach that can ease siting and local acceptance for solar deployments.
Read more: list.solar
Image credit: Daquella manera
