Investec Arranges $100M Facility for Telyon Clean Energy

In Short

Investec arranged a $100 million borrowing base facility for Telyon Clean Energy.

The debt facility is meant to support Telyon’s expansion in distributed solar and battery storage across multiple US states.

What Happened

On September 14, 2026, Investec said its US Energy and Infrastructure Finance team structured and arranged a $100 million borrowing base facility for Telyon Clean Energy.

A borrowing base facility is a credit line where the amount you can borrow is tied to the value of specific assets, such as projects or contracts. As more eligible assets are added, the borrowing capacity can increase.

Investec said the facility is designed to help Telyon shift from a developer to an owner-operator. In plain terms, that means moving from building and selling projects to owning them long term and earning revenue from power generation.

The facility is intended to finance eligible solar and battery storage projects in Telyon’s portfolio across multiple US states. Investec also noted that the structure is flexible, allowing Telyon to fund multiple projects at the same time and recycle capital as projects are completed or refinanced.

Telyon Clean Energy was founded in 2020 and is based in Connecticut. The company develops, owns, and operates distributed energy projects, which are smaller power assets connected close to where electricity is used, rather than at large central power plants.

Investec said Telyon is backed by GDEV Management, a New York-based, SEC-registered infrastructure investment firm.

Why It Matters

For distributed solar and storage developers, access to repeatable project finance is often the difference between building a pipeline and scaling a portfolio.

Battery storage matters because it helps solar projects deliver power when the sun is not shining. It also supports grid stability by smoothing peaks in demand.

Facilities like this can speed up project deployment by reducing the need to raise new funding for every single site. It can also help companies move toward the independent power producer model, which tends to produce steadier, longer-term cash flows than pure development work.