The company intends to use the debt proceeds for financing the construction of a 56MW portfolio of four utility-scale photovoltaic (PV)solar projects in the country.
The projects, which are situated in Swindon, Wiltshire, North Devon and on the Essex or Suffolk border, are currently under construction.
SunEdison noted that the projects are expected to be fully operational by the end of March 2014.
Once interconnected, the projects will be acquired by Foresight Solar Fund, a subsidiary of Foresight Group, through a share purchase agreement (SPA), according to SunEdison.
Deutsche Bank infrastructure and energy co-head Michael Volkermann said "The transaction is evidence of bank’s expertise in supporting companies in the renewable energy sector by providing extensive advisory and financial services."
"We are delighted to be involved in this exciting project by providing the financing to our client," Volkermann added.
