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Lightshift Energy Secures up to $40 Million Corporate Credit Facility From Aiga Capital Partners to Accelerate Energy Storage Portfolio

ARLINGTON, Va.--(BUSINESS WIRE)--Lightshift Energy, a leading energy storage developer, owner, and operator today announced the financial close of a credit facility for up to $40 million with Aiga Capital Partners ("Aiga”), an institutional investment platform that specializes in innovative financing solutions for North American-based companies developing sustainable infrastructure assets.

The facility will serve as a strategic tool to support Lightshift’s rapidly growing portfolio by funding interconnection and power purchase agreement (“PPA”) security requirements, equipment deposits, and other uses. The expandable credit line comes at a critical time as Lightshift transitions a significant portion of its pipeline into construction during the second half of 2025 and into 2026.

“This financing milestone strengthens our balance sheet and positions Lightshift to execute with speed and certainty as we bring more of our high-impact projects online,” said Rory Jones, Co-Founder and Managing Partner at Lightshift Energy. “We are pleased to partner with Aiga, whose innovative approach to structured credit supports our mission to advance a more resilient, capable and lower-cost grid.”

“At Aiga, we are committed to delivering creative, scalable financing solutions to best-in-class developers leading the energy transition,” said Angel Fierro, Managing Partner at Aiga Capital Partners. “Lightshift has demonstrated both the technical expertise and disciplined execution needed to drive the next generation of battery storage deployment, and we are excited to support their ambitious build-out.”

With this transaction, Lightshift Energy further establishes itself as a trusted partner to utilities, large-load customers, and communities seeking reliable and flexible clean power solutions.

About Lightshift Energy

Lightshift Energy is a utility-scale energy storage project developer, owner and operator headquartered in Arlington, Virginia. Founded in 2019, Lightshift is developing a diverse, multi-gigawatt pipeline of energy storage projects, located throughout the U.S. With leading energy storage analytics, application design, finance, and development expertise, Lightshift deploys dynamic, multi-use energy storage projects that maximize value for utilities and other partners, while reinvesting directly into the communities where their projects are located. For more information, please visit www.lightshift.com.

About Aiga Capital Partners

Aiga is a minority-owned investment platform supporting the energy transition with structured debt and equity solutions for developers of sustainable assets in North America. In an effort to contribute towards net zero emission goals, its strategy targets growth capital deployment opportunities in renewable energy, energy storage and other sustainable infrastructure sectors. To learn more, visit: www.aigacapital.com.

Contacts

Laura Coriell, Lightshift
Lauracoriell@lightshift.com

Lightshift Energy Logo
Lightshift Energy Logo

Lightshift Energy


Release Versions

Contacts

Laura Coriell, Lightshift
Lauracoriell@lightshift.com

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